CURRENCY VOLATILITY WILL SHOW ITSELF IN Q3 2018 EARNINGS

The Philippine peso has fallen 7 percent this year and reached its weakest point since 2005 last week, reacting to oil prices, inflation and skeptical investors responding to falling emerging market currencies.

The common thread volatile movements in these currencies present is the potential negative impact they can have to Q3 earnings for those organizations that either lack insight into all of their currency exposures (not just the ones they do the most business in) or are not fully managing FX.

FiREapps has a history of helping multinational organizations of all sizes not only gain access to accurate, complete and timely data but also manage currency-related exposures to their balance sheet, forecast cash flow exposures, provide analytics and facilitate reports to track the progress of a program.

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