The main factors causing currency fluctuations this month are inflation forecasts, changes in domestic money supply, and the United States FED announcement.
Currency Performance: Worst & Best in November 2022
Jan 19, 2023 @ 01:50 PM / by Georgio Papakonstantinou
Currency Performance: Worst & Best in October 2022
Dec 06, 2022 @ 03:12 PM / by Georgio Papakonstantinou
The United States’ rate increases continue to impact currency changes and a variety of domestic issues.
Asia-Pacific is an important region for clients across the globe and has a large and diverse population of expatriates.
How are worldwide currencies performing?
Oct 17, 2022 @ 06:45 PM / by Georgio Papakonstantinou
The United States’ interest rate hikes, account deficits, and increased spending have all contributed in some way to this month’s currency changes.
Do changes in the exchange rate used to calculate the COLA cause the assignee to lose/gain purchasing power?
Oct 03, 2022 @ 12:41 PM / by Bruno Lagasse
As part of our “back to basics” webinar series, Marie Soubessens and Kevin Theissen presented on The Effects of Inflation and Exchange Rate Fluctuations on the COLA.
What were the Worst & Best Currency Performers last month?
Sep 22, 2022 @ 05:35 PM / by Georgio Papakonstantinou
This month’s currency changes can be attributed to political uncertainty and foreign reserves changes.
Let's face it…updating Cost of Living Allowances can be a painful process. You may be used to looking up each employee’s COLA on a grid every update.
What were the Worst & Best Currency Performers in July?
Aug 17, 2022 @ 04:00 AM / by Georgio Papakonstantinou
This month’s currencies have been affected by a wide variety of reasons both domestically and internationally.
Currency Performance: Worst & Best in June 2022
Jul 26, 2022 @ 01:05 PM / by Georgio Papakonstantinou
Food shortages and gas prices continue to negatively impact countries’ abilities to help their people obtain basic needs.
What were the Worst & Best Currency Performers last month?
Jun 27, 2022 @ 06:07 PM / by Georgio Papakonstantinou
The U.S. Dollar has risen in value comparably to other major currencies including the GBP and EUR causing many smaller economies to be affected.