Cory Bowles News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stephanie ruhle, and her extended conversation with the cfo of herbalife. John, thank you for joining us today. I want to start with Hershey Square has been saying for the last year the you have been miss marking your venezuelan exposure, and you made a correction. Why is that . A correction. Ake sachsen circumstances drove the weight we used in venezuela. Every company use the same rate of 6. 1. Venezuela is an unusual market. It introduced alternate Exchange Rates in the first quarter. We moved to seek at one, which is what the median market did. A few more moved to seek at two. 30th . Do it sometime or 30th . Ptember we signed a supply agreement in october with a local manufacturer to produce our second largest product in venezuela. They will start producing next year. Opportunitytes the to get see cad one. If you had done it in june, how much worse would your financials look . Cadf we had gone to see two in the first quarter, we wouldve had an 8 impact. 18 impact. Industry to the c

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