Make A Smart Foreign Currency Choice For Shipping And Freight Forwarding Operations
Wednesday, February 28, 2018UK – WORLDWIDE – As a business that is involved with shipping and forwarding, it follows that you must have some dealings in foreign currencies. As such, you will certainly have a handle on some of the things to consider when it comes to managing the inherent risks of foreign exchange, but are you certain you are managing those risks in the best way possible? Experience shows the nearest an average operator gets to understanding currency exchange is to curse the currency adjustment factor (CAF) that suddenly, and unexpectedly, appears on top of freight charges, when this was the last thing contemplated arranging the transport for an international freight consignment.
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