Kyriba’s Quarterly Currency Impact Report: Total Currency Impact for 2023 Reached $95 Billion

SAN DIEGO--(BUSINESS WIRE)--Kyriba’s latest Currency Impact Report (CIR) finds that the currency impact on earnings reported by multinational companies totaled $14.67 billion in Q4 2023 ($6.8 billion headwinds and $7.87 billion tailwinds). The total annual currency impact for 2023 reached $95 billion compared to 2022, which totaled $169 billion in a year which saw a record rise in interest rates. The CIR analyzes the earnings calls of 1,700 publicly traded North American and European companies