FX Volatility Bears Down Corporate Bottom Lines

n a new report from corporate treasury technology company Kyriba, analysts discovered that North American corporates lost billions of dollars in the first quarter of 2019 as a result of foreign exchange volatility. The firm’s latest Kyriba Currency Impact Report, which analyzed FX exposures among 1,200 organizations, concluded that negative FX impacts are on the rise for businesses — and called upon chief financial officers to act.