In the contemporary era of global business, risk reduction and neutralization in foreign currency volatility is critical for all small and mid-sized businesses. In this era, it is vital that the appropriate tools are used to hedge against risks from such exchange rate volatility.
Small and mid-sized businesses do not give this issue sufficient attention, because they believe that currency hedging is expensive and complicated, and that it is the preserve of big companies.
The use of tools to neutralize and reduce the risks from foreign currency volatility will sometimes prevent a company from suffering unimaginable harm and heavy losses.