![FX Markets](https://www.fx-markets.com/sites/default/files/styles/print_logo/public/2020-02/print-logo.png?itok=5xPlPt39)
Corporate FX deals up 102% since UK referendum
UK exporters benefit from the weaker pound, according to in-house data from Moneycorp
![Sterling rate falls Sterling rate falls](/sites/default/files/styles/landscape_750_463/public/import/IMG/202/350202/sterling-falls-web-580x358.jpeg.webp?itok=HzDL09cc)
Volumes of overseas payments at foreign exchange specialist Moneycorp have increased by 102% in the eight weeks since Britain's referendum on its membership of the European Union, compared with the flows seen in the two months before June 23, as businesses benefit from a weaker pound.
Total transactions for existing clients who traded in the lead-up to and after June 23 was roughly £82 million ($108.3 million) in what appears to be a positive signal for UK business confidence, said the currency
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe
You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.
You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@fx-markets.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@fx-markets.com
More on Corporates
Shell picks Bloomberg for Treasury system
Solution available for any corporates around the world, Bloomberg says
Corporates pay little heed to last look or FX Global Code
A bank signing a statement of commitment to the 55 principles is not a deciding factor for corporates
UK corporates lose out as sterling slides, study says
Importing firms see average profit loss of 12% following Brexit vote, finds Western Union
Australian corporates pessimistic on Aussie
A survey by East & Partners shows Australian corporates preparing for their country's currency to weaken
HSBC: global acceptance of redback is rising
Figures come from the bank's 2016 renminbi internationalisation survey, conducted with 1,600 corporates across 14 countries
China’s FX reform hit treasurers the most – JP Morgan survey
Senior financial executives from more than 100 global and regional corporates responded at Asia-Pacific Treasurers Forum
Corporates expect long-term negative impact of Brexit
45% of corporates domiciled in continental Europe believe Brexit will have a negative impact; with almost 30% of their UK counterparts sharing the sentiment, says a survey by Greenwich Associates
Kantox sees $100 million of trades since API launch
This increases the total worth of transactions on the platform to $3.2 billion since 2011