Global Mobility News: The Currency of Housing in Almaty, Kazakhstan

[fa icon="calendar'] Feb 08, 2017 @ 08:27 AM / by Eugene Kobiako

 

Rents in Almaty are now surveyed in the local currency, KZT. Asking rents are down in KZT and USD for six and 12 months. The KZT has devalued due to a drop in gas and oil prices, a major source of income for Kazakhstan’s economy.

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Global Mobility News: Nigeria Naira Exchange Rate Options

[fa icon="calendar'] Jan 23, 2017 @ 03:52 PM / by Lauren Basler

 

Due to pressures on external reserves and a foreign exchange supply crisis driven mostly by low oil prices, the Central Bank of Nigeria abandoned its fixed rate policy on June 20, 2016.

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Currency Devaluations and Cross-Border Assignments

[fa icon="calendar'] Nov 18, 2016 @ 09:45 AM / by Gerald Abbey

 

2016 has been a year of currency turmoil!

Dramatic currency fluctuations can pose some immediate and practical problems for mobility practitioners responsible for managing compensation arrangements for cross-border assignees.

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Devaluation of the Egyptian Pound (EGP)

[fa icon="calendar'] Nov 04, 2016 @ 03:11 PM / by Morgan Grenier

 

In a surprise move, the Central Bank of Egypt announced its decision today to float the Egyptian Pound, reducing its value by nearly fifty percent against the U.S. dollar

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BREXIT for Mobility Professionals (webinar)

[fa icon="calendar'] Jun 29, 2016 @ 12:45 PM / by Gerald Abbey

 

Are you grappling with questions from your assignees surrounding post-BREXIT currency volatility, or other compensation issues?

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