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Welcome to your monthly newsletter from The Conference Board European Economy, Strategy & Finance (ESF) Center of Europe.
Currency wars may threaten global business even more than trade tariffs. Our briefing note—“Currency Wars: What a CEO should prepare for”—identifies six key exposures for multinational companies.
Executives of global companies may find themselves trying to navigate an international currency market wherein both the USD and the RMB are competing in a "how low can you go" devaluation game. US interest rates and Chinese forex reserves, including China’s holdings of US treasuries, would likely be the primary ordnance. However, the fallout would likely spread elsewhere.
We advise how to prepare now to minimize the impact on corporate finances.
We look forward to providing you with timely insights into the key issues of our day. Up-to-date information on topics of interest is always available on our dedicated ESF webpage.