According to Kyriba's January 2023 Currency Impact Report (CIR), North American corporates sustained a staggering $43.15 billion in negative impacts to earnings from currency volatility.
The combined pool of North American and European corporations reported $17.04 billion in tailwinds and $47.18 billion in headwinds in the third quarter of 2022.
Highlights:
Kyriba's Currency Impact Report is the most comprehensive quarterly report of its kind, detailing the impacts of foreign exchange (FX) exposures among 1,200 multinational companies based in North America and Europe with at least 15 percent of their revenue coming from overseas.
