1. Consider a Forward Contract To manage the uncertainty of exchange rates, especially with the financial volatility in Europe these days, consider using a forward contract. To do this, you work with your bank or a reputable participant in the foreign exchange (forex) market, and agree to buy a certain amount of a foreign currency at the exchange rate currently prevailing. If the rate goes up by the time you buy the currency (usually six to 12 months later), you’ve successfully ...

Register for Complete Access (Valid Email Required)

By registering on MeetingsNet now, you'll not only unlock the Global Meetings and Money: From VAT to Exchange Rates, you'll also gain access to exclusive premium content.

Already registered? here.