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Does low FX volatility mean no FX volatility? Why treasurers need to be vigilant

It has been an unprecedented period of calm in the foreign-exchange markets, but corporate treasurers should not be complacent. Here’s why.
Does low FX volatility mean no FX volatility? Why treasurers need to be vigilant

Economic cycles are like the weather – a summer without rain has you imagining that rain, perhaps, never existed. An extended cold snap makes you forget that it could ever be warm again.

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