Navigating the Next Financial Year: The View from APAC
Navigating the Next Financial Year: The View from APAC
In our latest episode of FX in Focus, we dive into how Australian companies can navigate the next financial year. We’ve had a turbulent year, with supply chain disruptions, high inflation, cost of living pressures and central banks aggressively raising interest rates. Australia's economy looks set to slow - but so does that of the rest of the world.
Swings in commodity prices and trade and capital flows add pressure, so Australian businesses are looking for strategies to mitigate currency volatility. Many customers of Corpay are indicating that they expect economic activity and sales to fall, and taking steps to plan accordingly.
The end of the financial year can be a good time as any to look at budget rates and hedging solutions. So - how could the next financial year could play out?
Note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.
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