In the current economic environment, liquidity management is a key function for multinational corporations. Many multinationals operate some form of group treasury structure, such as centralized or regional treasury centers; in-house banks; foreign exchange (FX) centers; and payment factories, which are central units that execute payments on behalf of one or more subsidiaries. Through these various treasury structures, multinationals undertake activities like centralized lending, payment management, risk management, and FX hedging.
Cross-border revolving credit facilities, derivatives among the agreements that could be affected.
Canada and Mexico reject the U.S. hard line.
Managing corporate liquidity has never been more challenging, either for cash-rich companies facing low interest rates or for smaller companies looking to finance growth.
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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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