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The rapid rise of the US dollar since the start of the year is a double-edged sword for US multinational companies, pushing some of them to decide whether to hedge or reposition their activities abroad to avoid fallout. For importers, the surge in the greenback against the euro, yen or British pound is a plus, because it makes the products they buy cheaper, but for export-focused companies, products sold in US dollars have become more expensive, which increases the risk of losing clients and seeing sales decline, and they also lose money when converting foreign revenue back into US dollars. Many firms ....
The rapid rise of the US dollar since the start of the year is a double-edged sword for American multinational companies, pushing some of them to decide whether to hedge or reposition their activities abroad to avoid fallout. ....
US multinationals grapple with soaring greenback kuwaittimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kuwaittimes.com Daily Mail and Mail on Sunday newspapers.
US multinationals grapple with soaring dollar | Borneo Bulletin Online borneobulletin.com.bn - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from borneobulletin.com.bn Daily Mail and Mail on Sunday newspapers.