One of the big—and costly—hassles for treasurers of global companies that operate in many different currencies has always been the need to hedge payables and receivables to minimize the risk of a significant shift in exchange rates.
First, the London interbank offered rate (commonly known as Libor) is going up. And second, the dollar’s been going down. Until mid-October, the…
Businesses want Congress to repeal the Cadillac tax, but the price tag may be too steep.
Wage and hour settlements accounted for $1.2B of the total.
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Follow these 4 steps to help protect profit and avoid currency related losses while doing business across borders.
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