The growth and profitability of internationally trading SME manufacturers could be affected by volatile exchange rates ahead of the UK's EU referendum, according to research by foreign exchange service providers, World First.
The nationwide survey of more than 1,000 senior decision makers at UK-based SMEs making cross-border payments found that despite 83% of SMEs operating in the manufacturing industry fearing that currency volatility from the EU referendum will impact their business, 35% are failing to take any notice of foreign exchange markets with 37% also believing that having…
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