Movement Continues in the Foreign Exchange Market - This movement is caused by a rise in pandemic cases, hyper-inflation, recovery of oil prices, and more. Below are AIRINC’s summaries of the rate changes above 3.5% taken from our review last week.
Losses and Gains in Foreign Exchange: An update on global currency - March 2021
Mar 31, 2021 @ 01:40 PM / by Georgio Papakonstantinou
Losses and Gains in Foreign Exchange: An update on global currency - February 2021
Feb 26, 2021 @ 11:55 AM / by Zenab Tavakoli
2021 continues to be tumultuous for the global economy, as impacts of conditions throughout the year come due, and new issues emerge to impact markets. Below find our summaries of some of the month’s biggest changes in foreign exchange.
What currencies are experiencing the most volatility in 2021?
Jan 28, 2021 @ 06:45 AM / by Zenab Tavakoli
2020 proved to be a year of unprecedented social, political, and economic turbulence. Though the onset of the COVID-19 vaccine rollout and the change of Administration in U.S. have inspired some hope that a return to “normal” life is possible in the foreseeable future, many markets remain turbulent.
How did COVID-19 impact global currency in 2020?
Dec 23, 2020 @ 02:15 PM / by Morgan Grenier
Looking back to the world of a year ago, open borders, naked faces and all-you-can-eat buffets feel remarkably foreign. In December 2019, few of us could have predicted how volatile the upcoming year would be.
Losses and Gains in Foreign Exchange: An update on global currency
Oct 26, 2020 @ 06:57 AM / by Morgan Grenier
2020 continues to be tumultuous for the global economy, as impacts of conditions throughout the year come due, and new issues emerge to impact markets. Below find our summaries of some of the month’s biggest changes in foreign exchange.
Ten Months Down, Two More to Go: 2020 Extremes in Fixed Rate Exchange
Oct 14, 2020 @ 06:15 AM / by Morgan Grenier
2020 has been a devastating and unpredictable year for the global economy as we wade through the deepest global recession since the Second World War. Widespread lockdowns, the oil price war rolling into the collapse of demand, and the devastation of hospitality and tourism industries have all created an unprecedented and uncertain start to the second decade of the 21st century.
Managing Expectations During Market Volatility
Jul 22, 2020 @ 03:18 AM / by Emily Stewart
Cost of living index adjustment is driven by changes in the purchasing power of an assignee in the host location. The purchasing power is based on both the exchange rate and inflation, relative between the home and host countries.
2020 has been a year of historic economic upheaval. (Access the December 23rd update of this article to see our most recent data, accompanied by a review of 2020 and expectations for 2021.)
What's happening with global currencies this month?
Jun 05, 2020 @ 06:45 AM / by Morgan Grenier
While the COVID-19 pandemic continues to disrupt global markets, depreciation has slowed in many locations and some currencies are beginning to recover lost value. Let’s take a look at some notable currency movements of the past month.
Gas Prices Rise and COVID-19 Restrictions Loosen in Venezuela
Jun 03, 2020 @ 10:45 AM / by Morgan Grenier
June 1 marked a day of changing times in Venezuela. The price of gasoline in the country has been among the lowest in the world for decades, and in recent years, currency depreciation has made the resource practically free.