Correct.
The client is an importer and an exporter, and is exposed to a number of currencies and in turn should be referred to a Global Markets Specialist to assist the client with their requirements.
Not quite.
The client is an importer and an exporter, and in turn should be referred to a Global Markets Specialist to assist the client with their requirements.
Velo’s Vineyards imports oak staves from forests in Europe and we pay for them in EUR. We also export our award-winning wines to Europe, Canada and the US, where we are exposed to each of these individual foreign currencies but all our operations are in the Barossa in South Australia.