Global Meetings and Money: From VAT to Exchange Rates

Global Meetings and Money: From VAT to Exchange Rates

1. Consider a Forward Contract
To manage the uncertainty of exchange rates, especially with the financial volatility in Europe these days, consider using a forward contract. To do this, you work with your bank or a reputable participant in the foreign exchange (forex) market, and agree to buy a certain amount of a foreign currency at the exchange rate currently prevailing. If the rate goes up by the time you buy the currency (usually six to 12 months later), you’ve suc

Register to view the full article

Register for and gain access to premium content including the CMI 25 Listing, our monthly digital edition, the MeetingsNet app, live and on-demand webinars, and much more.

Already a member? .

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.