Companies headquartered outside of China can reap big benefits by settling transactions in renminbi. And moving to RMB now may help secure an early-mover advantage.
Formally tapping the knowledge base of a cross-functional team helps treasury better manage currency exposures—and helps the corporate treasurer become more strategic.
The FX Gain/Loss line is the black hole of many companies' financial statements. Here's how to get a handle on what's driving currency impacts to the bottom line.