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How To Handle Foreign Exchange Transactions If You’re A Small Business
If you run a small business, handling foreign exchange transactions can be daunting. If you live in India and agree to receive a payment in USD, and by the time the payment reaches you the value of the dollar falls, you incur a loss; on the other hand, if you’re to make a payment in USD, and the value of the USD rises, you might need to shell out more money than you had bargained for. There...