For exotic currencies, we still tend to lack a process

VIDEO | Public stimulations to the economy in the Covid-19 crisis have made it easy for emerging markets to get hold of money, though currency rates can be highly volatile. At Treasury 360° Helsinki in November, David Willacy of StoneX led a poll, revealing that many treasurers don’t have standardised processes in place for emerging-market currencies as they have with their hard-currency flows. See the session.

By Alexander Kristofersson

December 3, 2021

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David Willacy is a foreign-exchange trader with payments/trading facilitator StoneX. The first half of his Helsinki session gave background on a pick of emerging-market currencies, and the stimulus packages that have shaped the trading environment over the last year-and-a-half. In the other half, he then went to poll the local treasurer audience about their experience of paying to emerging markets.

Here are slides showing the three questions and responses.

• News from the 16 November Treasury 360° Helsinki 2021 conference is gathered here.
• Find the agenda and sponsors here.
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For exotic currencies, we still tend to lack a process

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