Geopolitical shocks and central bank decisions are reshaping currency markets within hours, making foreign exchange management a critical business priority.
South African businesses can no longer afford to manage foreign exchange risk as a short term financial function, with currency markets increasingly being driven by sudden geopolitical events, central bank decisions and rapid changes in investor sentiment.
Citadel Global Managing Director Bianca Botes said businesses need to move away from reactive currency decisions and adopt structured treasury strategies that protect performance through changing market conditions.
“FX and treasury management need to evolve into a structured, forward looking discipline that actively protects business performance and preserves value through uncertainty,” Botes said.
“Businesses and investors should rethink their approach to currency risk, moving from short term decision making to strategic positioning that is resilient across multiple market scenarios.”
