Currency Performance: Worst & Best in April 2022

    May 19, 2022 @ 09:01 AM / by Georgio Papakonstantinou

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    Many countries have been negatively impacted by the Russian-Ukraine conflict.

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    Goods and Services Update for Russia

    May 04, 2022 @ 05:29 PM / by Bruno Lagasse

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    The invasion of Ukraine and the resulting economic sanctions imposed on Russia created an instability that is affecting the value of the ruble and the prices of Goods & Services.

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    Losses and Gains in the Foreign Exchange: March 2022

    Apr 06, 2022 @ 06:24 AM / by Georgio Papakonstantinou

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    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.

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    U.S. Cost-of-Living: Financial stress and ways to provide support

    Apr 05, 2022 @ 12:10 PM / by Christopher Bloedel

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    Economic challenges exist when relocating employees within the United States. Employee and family concerns often center around the financial impacts of a move.

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    Record-high Inflation in Istanbul

    Mar 17, 2022 @ 05:56 AM / by Kathy Lam

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    Turkey’s annual inflation has been soaring to record-high levels since the currency devaluation triggered by interest rate cuts last year.

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    Lebanon: navigating economic volatility

    Mar 08, 2022 @ 10:39 AM / by Emily Stewart

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    As we review the ongoing crisis in Lebanon, our data and client engagement teams have paired up to provide information about the markets and details on how organizations are handling the challenges associated with inbound and outbound Lebanon assignments.

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    Rapid Currency Devaluations and International Assignments: Russia

    Mar 01, 2022 @ 05:21 PM / by Adam Silver

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    With the ruble falling almost 15% over the weekend, you may soon be hearing concerns about Cost of Living Adjustments (COLAs) and exchanging money from your assignees in and out of Russia.

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    Losses and Gains in Foreign Exchange: An update on global currency - January 2022

    Feb 02, 2022 @ 02:43 PM / by Georgio Papakonstantinou

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    Many of January’s exchange rate fluctuations result from interest rate changes during the latter half of 2021.

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    Will you match pay increases to inflation in 2022?

    Jan 19, 2022 @ 11:14 AM / by Andrea Downing

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    Do you have a reliable source for inflation data? Current inflation rates are making employers rethink their approach to pay increases for 2022. 

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    How are you evaluating your salary structures in soft currency locations?

    Jan 07, 2022 @ 12:45 PM / by Michelle Curran

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    In countries with unstable currencies it is common for employees to save and spend some of their salary in hard currency.

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