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Currency conundrums

In Brief: Currency conundrums

Thursday, 12 June 2025

What is the impact of exchange rates, and why are they important?

Exchange rates are often considered primarily when planning a holiday abroad. However, fluctuations in a currency’s value impact far more than just travel costs. Understanding these dynamics can assist individuals and businesses in adapting to challenges and seizing potential opportunities.

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Please be aware these articles are for general information purposes only and correct at time of printing. We will not accept responsibility for any errors made or actions taken by any readers that have acted on the information contained. Answers given are for guidance only and specific advice should be taken before acting on any of the suggestions made. All information is based on our understanding of current tax practices, which are subject to change. Always remember when investing, past performance is not necessarily a guide to future performance and the value of some investment units can fall as well as rise.