US Dollar Dominance: A blessing and a curse (Part I)
Many pundits and prognosticators are predicting the impending collapse of the US dollar as the world’s reserve currency. While the reality is that that collapse may not be imminent, USD dominance is both a blessing and a curse for US-based businesses.
Taking a holistic approach to financial planning, including FX analysis, can help inform an organization’s strategy and improve overall treasury management.
Aluminium Duffel’s treasury department was approaching banks and brokers to assist in this case – to provide credit lines, and also to offer technical support in the use of FX derivatives.
For many SMEs, saving money is important, especially with the rising cost of business in an unpredictable economy and ever-fluctuating foreign exchange markets. When making or receiving an international payment there are a few aspects to consider.
Global businesses trust Corpay Cross-Border to power their international payments, execute plans to manage their currency risk and support their growth around the world. Read on for a high-level overview of our organization.
Setting a budget rate for each currency pair is a starting point for financial planning. The budget rate can serve as a benchmark for assessing performance against plan, isolating variances due to FX movements from other factors.
