- Version
- Download 11
- File Size 1.30 MB
- File Count 1
- Create Date January 24, 2024
- Last Updated January 24, 2024
Economic Symphony: Orchestrating Stability Through Innovative Exchange Rate Strategies
Abstract:
This article investigates innovative strategies for mitigating inflation by strategically manipulating exchange rates in international transactions. It explores the use of dual-currency contracts, flexible payment terms, and local currency transactions to attain economic equilibrium. Emphasizing the significance of fair international policies over traditional banking approaches, the article anticipates China's growing influence on exchange rates through its substantial global transactions. The comprehensive analysis underscores the potential of international cooperation and transparent practices in shaping the future of global economics for stability and prosperity.
Author: Mohamed Rehab, MBA, Chartered Certified CFO, CMA, MIPA, AFA, FGAFM, FCMI, FISDS MBA from European International University, Paris, France Honorary Board Member of Global Advisory Council USA and Fellow member of Global Academy of Finance and Management, USA, Lifetime Fellow of ISDS Corresponding Author email: [email protected] Address: KFUPM, DTVC, Saudi Arabia