4 Steps to Help International Businesses Protect Profits
Effective currency risk management helps to minimize the impact of foreign exchange on cash flow by developing a strategy based on the unique needs of an individual business. Learn how to prepare a simple currency risk management strategy for your business.
When sending payments in your currency to foreign suppliers, your currency is a foreign currency to them. They are not only subject to the costs of converting your currency by their bank, but also assuming considerable foreign exchange risk in the process. Learn the benefits of paying international suppliers in their local currency.