---
title: Proper Propaganda | Corpay
description: Because Proper Propaganda�s revenues are almost entirely in US dollars while its expenses are in the Canadian equivalent, managing FX exposure is a critica
image: https://cb.corpay.com/hubfs/windows-w79mIrYKcK4-unsplash.jpg
---

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 Dec 10, 2021

# Proper Propaganda | Corpay

![Picture of Corpay Cross-Border](https://cb.corpay.com/hs-fs/hubfs/Brand%20Logos/Corpay_Final_Avatar_caret_dark.png?width=50&name=Corpay_Final_Avatar_caret_dark.png) [Corpay Cross-Border](https://cb.corpay.com/resources/case-studies/author/admin)

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![windows-w79mIrYKcK4-unsplash](https://cb.corpay.com/hs-fs/hubfs/windows-w79mIrYKcK4-unsplash.jpg?width=321&height=214&name=windows-w79mIrYKcK4-unsplash.jpg)Because Proper Propaganda's revenues are almost entirely in US dollars while its expenses are in the Canadian equivalent, managing FX exposure is a critical component of its ongoing operations and is essential to ensuring its profitability.

[Download your copy](https://assets.ctfassets.net/h83dujey17us/743N77IMlnsxSsvcKpZpmV/4c2a7a65bf8667cd8d8863e6096aa78c/Corpay_Case_Study_-_Proper_Propaganda.PDF)

Online platform, FX

 

[Currency Risk Management](https://cb.corpay.com/resources/case-studies/tag/currency-risk-management), [Region: NA](https://cb.corpay.com/resources/case-studies/tag/region-na), [Industry: Marketing and Communication](https://cb.corpay.com/resources/case-studies/tag/industry-marketing-and-communication)

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---

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---

## "Cambridge Global Payments” and “AFEX” are trading names that may be used for the international payment solutions and risk management solutions provided by certain affiliated entities using the brand “Corpay”. International payment solutions are provided in Australia through Cambridge Mercantile (Australia) Pty. Ltd.; in Canada through Cambridge Mercantile Corp.; in Switzerland through Associated Foreign Exchange (Schweiz) AG; in the United Kingdom through Cambridge Mercantile Corp. (UK) Ltd.; in Ireland and the European Economic Area on a cross-border basis through Associated Foreign Exchange Ireland Ltd.; in Jersey and the Channel Islands through AFEX Offshore Ltd.; in Singapore through Associated Foreign Exchange (Singapore) Pte. Ltd. and in the United States through Cambridge Mercantile Corp. (U.S.A.). Risk management solutions are provided in in Australia through Cambridge Mercantile (Australia) Pty. Ltd.; in Canada through Cambridge Mercantile Corp.; in the United Kingdom through Cambridge Mercantile Risk Management (UK) Ltd.; in Ireland and the European Economic Area on a cross-border basis through AFEX Markets Europe Ltd.; in Jersey and the Channel Islands through AFEX Offshore Ltd.; in Singapore through Associated Foreign Exchange (Singapore) Pte. Ltd. and in the United States through Cambridge Mercantile Corp. (U.S.A.). Please refer to http://cross-border.corpay.com/brochure-disclaimers for important terms and information.

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