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Exchange rate fluctuations

Question asked by diash01 Employee on Nov 23, 2015
Latest reply on Dec 6, 2015 by am1

Hi,

I'd like to find out from those clients that use multi currency, How many use a yearly exchange rate (i.e. a rate that stays constant for that FY and that factors in the possible fluctuations) vs. those that use monthly rates

 

I'm trying to steer away one of my clients from using monthly rates which (1) Makes the FX rate updates in PPM a challenge (2) Makes their forecasting, re-forecasting process quite onerous

I'd like to propose a yearly rate if that's possible. But keen to find out how other large clients do it

(this is more of a business question rather than a technical tool question)

 

Thanks in advance

Shamith

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