News Formal

Currency hit to North American companies' results rises to US$10.8 billion

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 66%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The negative impact of currency fluctuations on North American companies' first-quarter results rose from the preceding quarter but was well below ...

The negative impact of currency fluctuations on North American companies' first-quarter results rose from the preceding quarter but was well below its year-ago level, according to data from treasury and financial management firm Kyriba on Tuesday.

The collective exchange rate impact, including on companies in the United States, Canada and Mexico, was US$10.77 billion, compared with the US$7.99 billion negative effect in the fourth quarter of 2019, Kyriba said in a report.The results show"a small, but increasing upward trend after a three-quarter decline in headwinds," according to strategists at Kyriba.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 6. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Hyflux receives letter about possible investment by North American fund managerSINGAPORE (THE BUSINESS TIMES) Another potential suitor has emerged for distressed water treatment firm Hyflux.. Read more at straitstimes.com.
Källa: The Straits Times - 🏆 8. / 63 Läs mer »

Hyflux receives letter about possible investment by North American fund managerANOTHER potential suitor has emerged for distressed water treatment firm Hyflux. Read more at The Business Times.
Källa: BusinessTimes - 🏆 15. / 51 Läs mer »