Knowing the likelihood of loss or gain is essential for any company, especially when exposed to financial risks. Knowing in advance the chances of getting a positive financial margin from payments in foreign…
Yuan: the effects on import & export
Last August, the Chinese currency (Renminbi or Yuan), experienced a major devaluation. The Central Bank of China removed the limits to currency price fluctuations and cut interest rates. A big…
Weak Euro: are you ready?
In Today’s financial environment money knows no boundary. Digital currencies such as “bitcoin” have been accepted by large institutional investors and emerging currencies as the Yuan is replacing the US Dollar…