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Currency Management is a financial service that helps businesses manage their foreign exchange risk. It involves the use of hedging instruments such as forward contracts, options, and swaps to protect against currency fluctuations. Currency Management also helps businesses to optimize their international trade by providing access to competitive exchange rates and reducing transaction costs.
Currency Management services are used by companies of all sizes, from small businesses to multinational corporations. Companies use these services to manage their foreign exchange exposure, reduce their risk, and maximize their profits.
Companies in the Currency Management market include Western Union, MoneyGram, XE, TransferWise, and OFX. Show Less Read more