Dealing with foreign currency fluctuations

04/18/2013 | New York Times (tiered subscription model), The

Business owners like Jean-Paul Tennant, who runs a travel company, are finding ways to avoid higher costs as a result of unexpected fluctuations in foreign currencies. Tennant, for example, attempts to limit his company's risk by locking in prices ahead of time. Other business owners work with currency trading companies or sidestep the problem by paying overseas vendors in dollars.

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