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etty
Apprentice
Joined: 16 Jul 2004
Posts: 1
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 Posted: 04/28/08 - 10:34 Post subject: |
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| My family’s company is dealing with other companies which are abroad, these deals they have started only recently, and they are not used to consider foreign exchange rate risk. I’m trying to get their attention, but I am not sure by myself if that risk is so big. Tell me what you think about this thing, how careful should we really be? |
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jo-anne
Apprentice
Joined: 26 Nov 2005
Posts: 2
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| Posted: 05/28/08 - 00:38 Post subject: |
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| Now, you realize how much that depends on the country where your family’s company is located and, especially, where their partners are located, and companies they are dealing with. Sometimes there is no risk at all, sometimes you should be extremely careful, and sometimes you can even gain something from this situation. Only good strategy can make you get the benefit out of this situation. |
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