Mitigating Exchange Rate Risks via Contracting and Invoicing in Dual currency

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Mitigating Exchange Rate Risks via Contracting and Invoicing in Dual currency

Abstract:
In the contemporary landscape of global business, enterprises face a persistent challenge in the form of exchange rate volatility, with significant implications for financial performance. This article, authored by (Rehab, Mohamed, November 25, 2023) Mohamed Rehab, delves into a strategic approach for mitigating currency fluctuations and exchange rate risks —namely, contracting and invoicing in dual-currency. By adopting this dual-currency strategy, organizations seek to minimize the adverse impact of exchange rate fluctuations, enhancing financial stability and overall competitiveness. The study explores the intricacies of dual-currency contracting and invoicing, shedding light on its potential benefits, including risk mitigation, competitive advantage, cash flow stability, improved financial planning, and enhanced negotiation power. This article provides valuable insights for businesses navigating the
complexities of international transactions and currency markets.

Date: November 25, 2023
Author: Mohamed Rehab, MBA, Chartered Certified CFO, CMA, MIPA, AFA, FGAFM, FCMI, FISDS
MBA from European International University, Paris, France, Lifetime Fellow of ISDS
Honorary Board Member of Global Advisory Council USA and Fellow member of Global Academy of Finance and Management, USA

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