In July, Denmark’s central bank, Nationalbanken, cut the rate it pays on deposits from banks to negative 0.2%, in effect charging banks for holding their money. The Danish experiment with rates is being watched worldwide, according to a Financial Times story posted on CNBC.
Keeping up with the latest digital innovations has replaced economic conditions and regulatory changes as the biggest concern for global executives this year.
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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