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According to the following foreign currencies forecasts and considering that you are in charge of your company's (FX) strategy. Your company is located in Germany
According to the following foreign currencies forecasts and considering that you are in charge of your company's (FX) strategy. Your company is located in Germany and you must define your strategy on the following two markets:
- Your turnover on the US market represents a 25% of your total turnover and it has been negotiated that your main American customer is going to pay you his next order on the 2nd quarter 2023. What FX strategy will you adopt?
- Your best customer is a Mexican one whose turnover is more than MXN (Mexican Peso) 50 Million per year. Half of this total amount will be paid on the 2nd quarter 2023 and the rest on the 4th quarter 2023. What FX strategy will you adopt?
- Regarding the Brazilian market, what economic factors can be considered when dealing with Brazilian companies, how Free Trade Agreements (FTA) affect and how the BRL (Brazilian Real) can have relevance when doing business with them?
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