By John Zilic · 19 January 2009 · Cashflow
Fluctuating exchange rates can decimate your cash flow. Discover how one Sydney-based importer learned to navigate the risks and stay ahead of the game.
CASE STUDY Fluctuating rates don’t just affect exporters: if you import you have to be very careful with how margins can affect your bottom line. David owns a Sydney-based company that imports kitchen and homewares. On average, he buys US$100,000 per month to pay various suppliers in China and South East Asia. Like many importers, […]