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Exporting offers African businesses the opportunity to expand their market reach, but it also introduces them to a new set of risks—one of the most significant being currency fluctuations. While moving products across borders can open up new revenue streams, currency exchange rates can greatly affect the profitability of those transactions. In volatile currency markets, what might seem like a profitable sale can turn into a financial loss overnight if exchange rates move unfavorably.

 

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How Currency Fluctuations Can Wreck Your Export Profits—and How to Protect You

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