How AkzoNobel slashed FX spreads by 70%
Jul 20, 2015
Editor's note: How the Korean won cost Tesco millions
It's was well covered in the British press, but it is worth highlighting how a volatile currency can cause misery when selling or buying a foreign business.
Records were breaking in Asia’s currency markets this summer. Indonesia’s rupiah hit a 17-year low against the dollar in September, roughly around the same time Malaysia’s ringgit plummeted against the Singaporean dollar to reach the same historical landmark.
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