Currency losses at North American corporates rise to nearly $21 billion

Currency gyrations from geopolitical events continue to create headwinds for some businesses

wolfgang Koester - fireapps website - web
Kyriba’s Wolfgang Koester: companies should analyse FX holding and make necessary adjustments

Currency losses at North American companies rose to $20.8 billion in the final quarter of 2018, because of volatility from global geopolitical events, according to recent analysis from Kyriba, a provider of cash and risk management solutions.

The losses represent a 76% increase over the previous quarter and the largest headwind recorded since Q4 2015, when businesses in the region reported $33.9 billion in negative FX impacts.

Companies disclose the impacts when gyrations in exchange rates

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: