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Setting FX Budget Rates: Common Pitfalls to Avoid

As with any process, there are often mistakes that practitioners might make in setting budget rates. Here we outline some common mistakes, and how to avoid them.

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By Cross-Border
Sep 18, 2024
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Corpay Cross-Border Extends Partnership with World Aquatics

Corpay Cross-Border Extends Partnership with World Aquatics

Providing access to currency risk management and cross-border payments solutions

Financial Post: Loonie watch: Canadian dollar hits four-year low as 71 cent U.S. threshold nears

Financial Post: Loonie watch: Canadian dollar hits four-year low as 71 cent U.S. threshold nears

“The Canadian dollar looks poised on the edge of breaking through post-pandemic lows to the downside,”

Financial Post: Canadian dollar will be stuck in the dumps until 2025, says strategist

Financial Post: Canadian dollar will be stuck in the dumps until 2025, says strategist

Watch Karl Schamotta, chief market strategist at Corpay on the loonie's prospects:

BNN Bloomberg: Canada-U.S. trade tensions impacting the loonie

BNN Bloomberg: Canada-U.S. trade tensions impacting the loonie

Karl Schamotta, chief market strategist with Corpay talks about the impact of Canada-U.S. trade tensions on the loonie.

Understanding FX Budget Rates: A Guide for Treasury Professionals
Cross-BorderGlobal paymentsRisk management

Understanding FX Budget Rates: A Guide for Treasury Professionals

This series delves into the intricacies of FX budget rates, explaining what they are, their importance, the factors influencing them, and best practices for their implementation.

US News: Trump's Win Emboldens Dollar Bulls as They Brace for Tariffs

US News: Trump's Win Emboldens Dollar Bulls as They Brace for Tariffs

"The reality is that a full flight protectionist agenda will ultimately rebound on the American economy and slow growth," said Karl Schamotta, chief market strategist at payments company Corpay

Smarter payments. Stronger growth. Keep business moving.

See how corpay brings AP, card programs, lodging, fleet and cross-borders together