Impact Partner Content: Absa / by Michael Keenan, Peter Worthington & Wessel Lemmer
Farmers’ expertise lies in the production of agricultural commodities, but the exchange rate is critical to farmers’ profitability. South Africa has one of the most volatile exchange rates in the world, for a complicated variety of reasons, which adds to the risk faced by agricultural producers in South Africa’s risky environmental situation, with unpredictable rainfall. Absa’s expertise in financial markets can help agricultural producers to manage their foreign exchange risks to the benefit of their bottom line.
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