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Currency Devaluations

[fa icon="calendar'] Sep 22, 2017 @ 12:51 PM / by Natalie Tong

The unpredictability of fluctuating foreign exchange rates is a daily reality. For international companies, it can have a significant effect on employee compensation and the cost of running a business.



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[fa icon="calendar'] Jul 31, 2017 @ 01:05 PM / by Morgan Grenier

Exchange Rates

The anticipation is over! Here are summaries of the recent exchange rate changes of more than 4%:



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[fa icon="calendar'] Jun 29, 2017 @ 08:20 AM / by Morgan Grenier

Exchange Rates

The anticipation is over! Here are summaries of the recent exchange rate changes of more than 3.5%:



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[fa icon="calendar'] Jun 01, 2017 @ 08:00 AM / by Morgan Grenier

Exchange Rates

The anticipation is over! Here are summaries of the recent exchange rate changes of more than 4%:



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[fa icon="calendar'] May 12, 2017 @ 02:49 PM / by Morgan Grenier

Exchange Rates

The anticipation is over! Here are summaries of the recent exchange rate changes of more than 3.5%:



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[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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[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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[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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