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Travelex and EFIC extend limits of the foreign exchange facility

Travelex and EFIC (Export Finance and Insurance Corporation) have partnered to provide an extension to the limit of the EFIC foreign exchange facility, allowing exporters to have higher foreign exchange trading limits. The two entities have agreed to double the overall limit of the EFIC foreign exchange facility guarantee.

Australian importers should be cautious, says Travelex

Travelex has issued a a word of caution to Australian importers and SMBs so they be careful with their purchasing practices in a moment when the $AUD is strong.
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