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With solutions such as FiREapps, the role of Treasury within the organization can be more advisory and strategic.
Laurie McCulley | Treasury Strategies, Inc.
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Currency risk in emerging markets must be managed
September 3, 2010
Mr Koester said: "Financial advisers are looking for predictability in cash flow and don't want surprises from foreign currencies. "In the last quarter or so there were lots of corporate earnings surprises because of currency volatility. "Chile has had a significant increase in value along with Brazil, New Zealand and Australia. "There is a lot of commodity based currency growth and China is still demanding a lot of commodities so there is a continuous influx and demand into emerging markets."