Losses and Gains in Foreign Exchange: An update on global currency

    Oct 26, 2020 @ 06:57 AM / by Morgan Grenier

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    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.

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    Ten Months Down, Two More to Go: 2020 Extremes in Fixed Rate Exchange

    Oct 14, 2020 @ 06:15 AM / by Morgan Grenier

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    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.

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    2020 AIRINC Institute Webinar Series

    Aug 24, 2020 @ 03:01 PM / by Gerald Abbey

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    The annual AIRINC Institute webinar series is back. If you are new to global mobility, are in need of a refresher, or simply want to keep on top of all-things-mobility, this webinar series is for you.

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    Managing Expectations During Market Volatility

    Jul 22, 2020 @ 03:18 AM / by Emily Stewart

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    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.

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    The worst currency performers in 2020

    Jul 02, 2020 @ 03:51 PM / by Morgan Grenier

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    2020 has been a year of historic economic upheaval. Shocks in the market have impacted trade, inflation, employment, national budgets—sparking an unprecedented global recession to which even stable economies are not immune.

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    What's happening with global currencies this month?

    Jun 05, 2020 @ 06:45 AM / by Morgan Grenier

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    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.

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    Gas Prices Rise and COVID-19 Restrictions Loosen in Venezuela

    Jun 03, 2020 @ 10:45 AM / by Morgan Grenier

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    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.

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    AIRINC APAC Webinars: Core/Flex; Currency Volatility; and more!

    Apr 26, 2020 @ 09:45 PM / by Gerald Abbey

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    Join one or all of the following webinars to keep on top of all-things-mobility. If the date/time doesn't work you can still register to receive a copy of the recording.

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    How is COVID-19 impacting global currency? [Update - April 24]

    Apr 24, 2020 @ 03:26 PM / by Morgan Grenier

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    The COVID-19 pandemic continues to wreak havoc in global markets. In addition to the economic impacts of national lockdowns, travel restrictions, rampant unemployment, slack demand for consumer goods and sharply reduced business activity, the volatility of the oil market has reached crisis levels. While OPEC members agreed to cut production in May and June by 23% earlier this month, oil futures have continued to fall and darken outlooks for the global market this month. Crude oil prices went negative for the first time in history this month due to deficient demand for oil and looming lack of global storage capacity.

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    Major Currencies See Appreciation: Just another week of volatility or early signs of COVID-19 recovery?

    Apr 17, 2020 @ 12:56 PM / by Morgan Grenier

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    AIRINC has been providing weekly updates to spot rates of major currencies on our COVID-19 landing page. The global spread of the COVID-19 pandemic and its economic impacts landed a major blow to the global economy last month, made worse in light of volatility in oil markets sparked by controversy within OPEC+. The result has been historic depreciation in even traditionally stable currencies and unprecedented uncertainty. The last week of March saw unprecedented depreciation. While year-to-date depreciation of many currencies remains high, several major currencies saw an appreciation bump last week between April 6-13.

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