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.
For an importer, 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 a US export company, products sold in dollars have become more expensive, which increases the risk of losing clients and seeing sales decline.
HIDAYAT TV Official
www.hidayattv.uk