This month’s currency changes can be attributed to political uncertainty and foreign reserves changes.
In today’s mobility climate, retaining talent and fostering a positive employee experience is important, but even more so in developmental assignments.....
This month’s currencies have been affected by a wide variety of reasons both domestically and internationally.
Food shortages and gas prices continue to negatively impact countries’ abilities to help their people obtain basic needs.
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.
Many countries have been negatively impacted by the Russian-Ukraine conflict.
In late February 2022, Russia invaded Ukraine by means of airstrikes and infantry. This major conflict has driven several countries’ currencies to depreciate as political stability decreased in the area.
Russia’s full-scale invasion of Ukraine began in the early morning of Thursday, February 24th 2022.
There are a myriad of terms and acronyms used across global mobility.
Many of January’s exchange rate fluctuations result from interest rate changes during the latter half of 2021.