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The Challenge of Currency Exchanges
Since the UKs’ vote for Brexit, the management of exchange rates within a global trading business has become challenging. Array Ink Europe buy our products in Euros, US Dollars and GBP and sell out in all those currencies too, and by operating bank accounts in all the currencies we are partially insulated from the volatility of the FOREX market. However, with the GBP having dropped significantly against both the Euro and the USD$ since the Referendum, we cannot completely protect UK Customers from the weakening £. Our Euro prices on the webshop remain as they were, however, it is with great regret that we have adjusted the exchange rate, and so the GBP £ prices, closer to (but still not in line with) the prevailing exchange rates. We will of course, take any opportunity to adjust them back should the GBP £ recover, but in the meantime, we hope you will understand.

For more information on The Challenge of Currency Exchanges talk to Array Ink Europe Ltd

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