The currency war is a serious issue (read more here). Over the last year the currency world is drastically changed and it’s very dangerous if you don’t stay on the right side.
Companies with foreign currency receivables are aware of that.
For example, the Australian dollar has lost 19%, the ruble lost 12%. These figures are important to the profit and loss account of a company because they can change the sign of the final result.
Also last month the Czech koruna and the Swedish krona has strengthened their weapons to win the exports race. The central banks of the individual countries have done a good job in the devaluation of the currency in order to revitalize the economy.
The Super Euro is a reality. Do you have a super resource?
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