NEW YORK—The negative impact of currency fluctuations on North American companies’ third-quarter 2021 results fell from the quarter before and was at the lowest level since the first quarter of 2018, data from treasury and financial management firm Kyriba showed on Wednesday.
The collective exchange rate hit, including on companies in the United States, Canada and, Mexico, was $929 million in the third quarter of last year, compared with a $2.32 billion negative effect in the second quarter of 2021, Kyriba said in a report.
