Explore every episode of the podcast FX in Focus

The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay, Inc.

Les opinions exprimées sur FX in Focus n'engagent que les intervenants et ne reflètent pas nécessairement celles de Corpay, Inc.

The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay, Inc. 

The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay, Inc. All financial figures are accurate as of July 10, 2025, at the time of recording. It’s important to remember that FX hedging products are sophisticated and complex, and have pros and cons; they may be suitable if your business can withstand the various risks and potential downsides associated with transacting in FX hedging products.

The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay Inc. 

Please note: The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay, Inc. This podcast is designed to provide general information, and is not advice.

Key Takeaways:

• Intraregional trading relationships developed to manage COVID supply chain challenges and geopolitical disruption are positioning African countries for growth
• Rising interest rates make imports more expensive; efforts to reducing reliance on the euro and the US dollar
• Regional trade and currency unions spur more local producing and trade
• Increased digitalization offers access to financial infrastructure, and even more important: education for young and growing population
• Liberalization in monetary policies as some tensions ease
• Leaning toward democracy; new leaders educated abroad returning to Africa
• New investment from corporates in the region  - taking a chance on the promise of growth 

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The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay Inc. 

Key Takeaways:

• High dollar debt and increases in interest rates have slowed FDI
• Cultural cohesion amid different stages of development across the region
• Digitalization changes everything: financial inclusion, innovation; education—particularly for the younger generations
• Regional geography means climate issues are more strongly felt, spurring innovation in climate tech and other technologies
• Tech innovation is booming--and differently in different countries: fintech; climate tech, manufacturing tech, ecommerce 

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The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay Inc. 

Key Takeaways:

• Political polarization and new leadership policy changes can exacerbate systemic challenges
• Monetary policies differ by country leadership; new leaders taking different approaches
• Proximity to the US and Canada as trading partners offers competitive advantage
• High exposure to the US dollar, dollar-denominated debt and rising inflation can hamper development
• New technologies, new discoveries, new policies spark growth and changing dynamics

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The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay Inc. 

The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay Inc. 

Please note: The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay Inc. 

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay Inc.

Please note: The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay Inc.

Please note: The opinions expressed on FX in Focus are those of the speakers only, and do not necessarily reflect the views of Corpay Inc.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed our podcast are those of the speakers only, and do not necessarily reflect the views of Corpay.

Please note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.

Please note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.

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Tenga en cuenta que las opiniones expresadas en FX in Focus News & Views son únicamente las de los invitados y no necesariamente reflejan las opiniones de Corpay o de FLEETCOR Technologies Inc.

Please note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.

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Tenga en cuenta que las opiniones expresadas en FX in Focus News & Views son únicamente las de los invitados y no necesariamente reflejan las opiniones de Corpay o de FLEETCOR Technologies Inc.

Please note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.

Please note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.

Please note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.

Please note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.

Please note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.

Please note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.

Please note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.

Please note any rates or figures mentioned in this week’s podcast were accurate and correct as of 31 November 2023.

The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.

Note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc.

Note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc. 

Note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc. 

Note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc. 

Note: The opinions expressed on FX in Focus News & Views are those of the speakers only, and do not necessarily reflect the views of Corpay or FLEETCOR Technologies Inc. 

In this podcast episode, we speak with Ricardo Faillace, Managing Director, Emerging Markets, and Jeff Angard, Head Trader, Emerging Markets at Corpay Cross-Border. From Asia, Africa and South America, we examine the post-pandemic environment in some of the most vibrant economies in the world, where we can find pockets of exceptional resilience and innovation. Ricardo and Jeff discuss the state of developing markets or ‘emerging markets’. Though many can’t agree on the definition of an emerging market, one thing is certain: it’s one of the most dynamic sectors in the global economy.

Read and download the transcript here.

As markets shift, corporate treasurers and CFOs need to keep up. We talked to Corpay Cross-Border’s currency research team, Karl Schamotta, Chief Market Strategist and Peter Dragicevich, Currency Strategist, APAC about what you can expect in currency markets this quarter.