Foreign Exchange
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8 tips on how to get the best exchange rate
When you’re sending money across borders, the exchange rate can make a bigger difference than you might expect. A rate that is just a little lower can mean that your family receives less money, your supplier gets paid less or you have to spend more to send the same amount. The tricky part is that…
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A Practical Guide for Protecting Your Money From Currency Risk
If you earn, save, spend or make payments in more than one currency, you are exposed to currency risk. You don’t have to be a multinational company to experience it. A Nigerian business waiting three months to pay a supplier in dollars can be affected by a change in the naira. Someone saving towards a…
