---
title: Hedging Risk and Setting Budget Rates | Corpay
description: Learn how to manage cross-border payments, mitigate currency risk, and set effective budget rates to protect and grow your business.
---

[Resource: Whitepapers](https://cb.corpay.com/resources/whitepapers)

# [Hedging Risk and Setting Budget Rates | Corpay](https://cb.corpay.com/resources/whitepapers/hedging-risk-and-setting-budget-rates)

 Written by [Corpay Cross-Border](https://cb.corpay.com/resources/whitepapers/author/admin) | Feb 17,2023

You can’t predict the future. But you can prepare for it!

Managing a cross-border business brings with it a range of opportunities for growth, as well as some challenges!

An informed approach to managing global payments and foreign currency exposure—for one payment or thousands—will benefit your business, saving time, protecting your bottom line, and allowing you to take advantage of new opportunities.

The foreign exchange market can feel, well, ‘foreign’. What moves markets? Why does one currency weaken and another rise? In the following pages, we’ll discuss some of the causes and effects of currency volatility, and strategies for staying on top of your foreign currency exposures and mitigating risk.

 

[Download your copy](https://assets.ctfassets.net/h83dujey17us/5AK3JB0zVZSbJvgafI9okI/e9253437a1fdba445494c79569b821bf/Whitepaper_-_Hedging_Risk_and_Setting_Budget_Rates.pdf)

 

[View full post](https://cb.corpay.com/resources/whitepapers/hedging-risk-and-setting-budget-rates)

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