That’s right.
Asking Ann whether the company is paying for equipment in AUD or a different currency is a good way to uncover a potential foreign exchange need.
Click on Ann to learn more about the company’s foreign exchange exposure.
Not quite.
Whether the client is purchasing standard or specific equipment may affect the cost of the equipment, but it will not help you to determine if there is a potential foreign exchange need.
Asking Ann whether the company is paying for equipment in AUD or a different currency is a good way to uncover a potential foreign exchange need.
Click on Ann to learn more about the company’s foreign exchange exposure.
Asking this question will give you a good understanding of how much the client may need to borrow, however, you also need to understand where the equipment is coming from and how the client will be paying for it.
Asking Ann whether the company is paying for equipment in AUD or a different currency is a good way to uncover a potential foreign exchange need.
Click on Ann to learn more about the company’s foreign exchange exposure.
Asking Ann if a Trade Finance facility is required to purchase the equipment or if they need to borrow money for the purchase will not assist with identifying a foreign exchange need, but it may uncover a lending need.
Asking Ann whether the company is paying for equipment in AUD or a different currency is a good way to uncover a potential foreign exchange need.
Click on Ann to learn more about the company’s foreign exchange exposure.
Our main foreign exchange exposure is the cost of the equipment being EUR 5,070,000 with payments staggered in the next 6 months. We have budgeted on an AUD/EUR rate of 0.6854 at an AUD cost of $7,397,140.36.