Offshore yuan is the first emerging market currency to be added to the FX settlement partnership between the two financial institutions. The pair has executed the first US dollar-to-offshore yuan settlement using ...
The latest Kyriba report shows how the rising US dollar and war in Ukraine impacted corporate earnings in the first three months of the year through foreign exchange (FX) volatility.
The banking-as-a-service (BaaS) solution will allow HSBC to distribute its foreign exchange (FX) services to clients, as global trends increase the need for around-the-clock access to liquidity.
A three-quarter trend of falling FX impacts came to an end in the final quarter of last year, as corporates surveyed by Kyriba reported a 390% increase in headwinds from currency volatility.
A recent Kyriba report found currency fluctuations to have a milder impact in 3Q21 compared to earlier quarters, but Asian ex-rates – especially the yuan – should be closely monitored, warns strategist.
Founder and chief executive officer Riccardo Capelvenere spoke to CT about the company’s origins and the opportunities it sees in the embedded finance space.
A recently published report highlights the importance of quantifying currency exposure and minimising foreign exchange (FX) risk for corporate treasurers.
The more complicated functions within risk management - namely hedging FX - have traditionally required deep relationships with bankers. But this is no longer the case, says one fintech bringing hedging to SMEs.
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