Dealing with unstable currencies in international agribusiness can be daunting, but it's crucial for maintaining profitability and stability. To manage these fluctuations effectively:

• Hedge your currency risk: Use financial instruments like futures contracts to lock in exchange rates and protect against adverse movements.

• Diversify your markets: Spread your business across multiple countries to minimize the impact of any single currency's volatility.

• Monitor and forecast: Regularly track currency trends and use forecasting tools to make informed financial decisions.

How do you handle currency fluctuations in your business? Share your strategies.