zildjian475
May 11, 2008, 02:53 AM
Hey... Please help me out with this query
How could appreciation or depreciation of EURO against USD in 2 months or 3 months concern the cash manager of a firm whose home currency is EUROS?
Scenario:
The German firm has Accounts Payables of $350m in 2 months
And the same firm has Accounts Receivables of $150m in 3 months
Thanks and Regards
How could appreciation or depreciation of EURO against USD in 2 months or 3 months concern the cash manager of a firm whose home currency is EUROS?
Scenario:
The German firm has Accounts Payables of $350m in 2 months
And the same firm has Accounts Receivables of $150m in 3 months
Thanks and Regards