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Wednesday, 17th April 2024
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Forex management and refinancings playing a major role Back  
Alan Duffy, head of HSBC Corporate Banking Ireland sees continued volatility over the coming quarter in the EUR/STG rate which continues to trade in a wide range averaging 90c to 92c. The weakness of sterling is a major issue for Irish clients trading internationally, says Duffy. Duffy spends part of his day showing his clients the options for managing foreign exchange exposure. He also looks at the provision of a bilateral facility locally to refinance a portion of debt with a client.
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