Search
 

Currencies to Watch in Q1/2016

Five currencies that may prove particularly difficult for corporate finance teams to manage, and how to minimize their impact on the business.

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Corporate treasurers are no strangers to the problems that restless currency markets can create for cash management and accounting. But few treasurers could have anticipated the currency turbulence that 2015 brought to the table.

The jolts began early in the calendar year, with the Swiss National Bank’s surprise decision on January 15 to de-peg the franc from its artificial cap against the euro, unleashing waves of volatility into global currency markets. As 2015 progressed, former emerging-market darlings became the epicenter for currency market tumult. China unveiled its own surprise devaluation of the once tightly controlled yuan in August. A depressed economic outlook, coupled with sinking commodity prices and political troubles, sank the Brazilian real. And other currencies tied to commodities followed.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

Recommended Stories

Quantifying the Toll of Covid-19

John Lorié & Theo Smid |

The latest economic research from Atradius suggests global GDP may recover rapidly in 2021—but only if some key assumptions are met.

Global Risk of Civil Unrest

T&R Staff |

New analysis shows 37 countries face a “perfect storm” of risk due to Covid-19 and preexisting political and social tensions.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.