Editor's note: How the Korean won cost Tesco millions

It's was well covered in the British press, but it is worth highlighting how a volatile currency can cause misery when selling or buying a foreign business.

By Daniel Flatt

Oct 26, 2015

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Records were breaking in Asia’s currency markets this summer. Indonesia’s rupiah hit a 17-year low against the dollar in September, roughly around the same time Malaysia’s ringgit plummeted against the Singaporean dollar to reach the same historical landmark.

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