Foreign Exchange Risk Management How to Get Paid in Foreign Currencies
>> YOUR LINK HERE: ___ http://youtube.com/watch?v=HqEIlpZ1_GE
When doing business with foreign customers who prefer to pay in their local currency, consider your options to manage and mitigate foreign exchange risk. • From the viewpoint of a U.S. exporter, foreign exchange risk is the exposure to potential financial losses due to depreciation of the foreign currency against the U.S. dollar. Such losses can have a big impact on a U.S. company. • The good news is that there are practical options to help manage foreign exchange risk to avoid potential currency losses. • By taking steps to manage foreign exchange risk, U.S. companies can sell in foreign currencies and enhance their global competitiveness. • For more information, visit trade.gov/export-solutions • For more: https://www.trade.gov/foreign-exchang... • April 5, 2021
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