Lyudinovo

Main Menu

  • Home
  • Russian hotel
  • Russian restaurant
  • Russian currency
  • Russian economy
  • Russian budget

Lyudinovo

Header Banner

Lyudinovo

  • Home
  • Russian hotel
  • Russian restaurant
  • Russian currency
  • Russian economy
  • Russian budget
Russian currency
Home›Russian currency›Currency affected to earnings of North American companies declines in second quarter

Currency affected to earnings of North American companies declines in second quarter

By Lawrence C. Saleh
October 26, 2021
0
0

A photo illustration shows US $ 100 banknotes taken in Tokyo on August 2, 2011. REUTERS / Yuriko Nakao / File Photo

Register now for FREE and unlimited access to Reuters.com

Register

NEW YORK, Oct.26 (Reuters) – The negative impact of currency fluctuations on the results of North American companies declined in the second quarter of this year compared to the previous quarter, data from the treasury and finance company showed on Tuesday. Kyriba financial management.

The overall exchange rate affected, including on businesses in the United States, Canada and Mexico, amounted to $ 2.32 billion in the second quarter, compared with a negative effect of $ 5.87 billion in the second quarter. first trimester, Kyriba said in a report.

S&P 500 (.SPX) companies begin reporting third quarter 2021 results.

Register now for FREE and unlimited access to Reuters.com

Register

“Supply chain disruption and inflation will test the corporate liquidity strategies of CFOs and treasurers and the application of best practices to protect EPS, drive growth and reduce risk related to the supply chain over the next few months, “Kyriba’s Wolfgang Koester said in a statement.

Kyriba said 35 North American companies reported currency impacts in the second quarter, up from 77 in the first quarter and 28 in the fourth quarter of 2020.

The US dollar index fell 0.9% in the second quarter of this year. It gained 2% in the third quarter.

A stronger dollar makes overseas sales less valuable when converted back to US currency.

Register now for FREE and unlimited access to Reuters.com

Register

Report by Caroline Valetkevitch Editing by Bill Berkrot

Our standards: Thomson Reuters Trust Principles.


Source link

Related posts:

  1. World Cup, the Russian currency slows down Seychellois tourism; Germany, France, Italy are bright spots
  2. Commodities to push Russian currency higher in 2021, Saxo Bank predicts – RT Business News
  3. Credit Suisse expects Russian currency to strengthen to 65-70 rubles against USD in 2021 – Business & Economy
  4. The share of remittances in Russian currencies is growing rapidly
Tagsexchange ratereuters truststandards thomsonthomson reutersunited states

Categories

  • Russian budget
  • Russian currency
  • Russian economy
  • Russian hotel
  • Russian restaurant

Archives

  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • January 2021
  • December 2020
  • September 2020
  • July 2020
  • June 2020
  • January 2020
  • October 2019
  • May 2019
  • March 2019
  • February 2019
  • December 2018
  • November 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • March 2018
  • September 2017
  • June 2017
  • March 2017
  • January 2017
  • December 2016
  • November 2016
  • June 2016
  • December 2015
  • June 2015
  • April 2015
  • March 2015
  • February 2015
  • December 2014
  • November 2014
  • May 2014
  • April 2014
  • March 2014
  • October 2012
  • June 2012
  • March 2012
  • February 2012
  • December 2010

Recent Posts

  • Kanye West is potentially associating with this famous restaurant
  • Are gold and commodities the answer to the Western monetary crisis?
  • Rowan Atkinson’s wild hotel party leaves dogs moaning and others fear Russian invasion
  • Russian minister expects legalization of digital currency soon
  • Despite soaring gas and hotel prices, Hamptons restaurant owner is seeing ‘record demand’
  • Privacy Policy
  • Terms and Conditions