Currency of payment, Real and anticipated volatility in

Currency of payment

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Reference no: EM131425928

Currency of Payment.

Real and anticipated volatility in currency valuation increases the risk of doing business outside of one’s own currency. From June 2003 to June 2013, the Chinese Yuan strengthened by 35% against the U.S. Dollar. What kind of repercussions does this fluctuation represent to the international logistics industry? Give one solution to mitigate this risk.

Reference no: EM131425928

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