Argentex is exposed to significant volatility in foreign exchange rates, particularly to the weakening of the U.S. dollar against other major benchmark currencies triggered by the sweeping tariffs announced by the Trump administration and U.S. government spending cuts.

British currency risk management company Argentex is in advanced talks with forex and payment solutions provider IFX Payments about a possible offer and emergency funding, as it battles to defend its business from whipsawing currency markets.