According to Economicshelp.org "Many business use fixed contracts for buying raw materials. This means temporary fluctuations will have little effect. The price of buying will be set for up to 12 months or 18 months. Exporters may also use future options to hedge against dramatic exchange rates. This means that there are changes in exchange rate movements and mean exchange rates between changes in exchange rates and changing costs for business. "
Effect of exchange rate on business
oleh Kevin Johnson (2018-11-12)
According to Economicshelp.org "Many business use fixed contracts for buying raw materials. This means temporary fluctuations will have little effect. The price of buying will be set for up to 12 months or 18 months. Exporters may also use future options to hedge against dramatic exchange rates. This means that there are changes in exchange rate movements and mean exchange rates between changes in exchange rates and changing costs for business. "
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