Sat, Apr 19, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Currencies more

Corporate America’s multi-billion dollar currency problem

Posted on 05 December 2012

How’s this for a statistic: currency fluctuations resulted in $22.7 billion in aggregate losses during the third quarter for some of the biggest U.S.-based multinationals.
That’s the word from FiREapps, a provider of software that helps corporations manage their foreign currency exposure. Wolfgang Koester, the firm’s founder and chief executive says that while more and more corporate leaders are becoming cognizant of currency impacts, they remain myopic when it comes to considering just which currencies they need to worry about………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 34624 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
April 2014
S M T W T F S
« Mar    
 12345
6789101112
13141516171819
20212223242526
27282930