Managed Services Vendor Playbook – Currency Risk
Friday, February 19th, 2010
One of the newer trends that came about as the dollar has weakened in the last few years is the prevalence of currency adjustment clauses in contracts with a remote / offshore component. These are typically buried in some appendix along with CPI adjustments (which are a nuisance in their own right) and expose buyers to unforeseen currency risk that vendors are much better equipped to handle.
So, do you know how much a rupee is worth in US$? (more…)
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