Corporates faced record FX headwinds last year – report
US dollar volatility will have the biggest impact on APAC treasurers’ ability to predict cash flows and earnings in 2023, the Kyriba team believes.
.jpg&c=1&h=810&q=100&v=20251227&w=1440 "Corporates faced record FX headwinds last year – report")
Multinational corporations headquartered in Europe and North America faced $47 billion in headwinds amid a total of $64.22 billion in currency impacts in the third quarter of last year, according to Kyriba’s latest report on FX volatility. The size of negative impacts represents a 26.6% increase over the previous quarter and a record since the software provider first began publishing its quarterly Currency Impact Reports.
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