US multinationals grapple with soaring dollar

No Comments

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.






Previous Post
Israel uses with held Palestinian dead bodies in experimental labs in violation of human rights
Next Post
PSX begins week on negative note, loses over 200 points

Leave a Reply

Your email address will not be published. Required fields are marked *

Fill out this field
Fill out this field
Please enter a valid email address.
You need to agree with the terms to proceed

Cookie Consent with Real Cookie Banner