Currency changes threat to exporters

IRISH Exporters Association president, Joe Lynch said doing business in Britain and the US presented risks to the company’s bottom line because of currency fluctuations.

“Irish-owned companies are particularly vulnerable since they currently export 48% of their output to Britain, 10% to the US and 12% to other markets outside of the eurozone.”

A series of workshops was launched by Minister for Trade and Commerce, Michael Ahern to explore international trade issues.