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To avoid high conversion fees, reject dynamic currency conversion (DCC) at payment terminals and pay in local currency when merchants offer it. Understand potential ATM fees abroad and what foreign ...
(Reuters) - U.S. companies with overseas operations are taking advantage of lower rates in euros to slash their debt funding costs and soften the blow of higher interest rates with a hedging strategy ...
SHANGHAI/SINGAPORE, Aug 31 (Reuters) - Chinese exporters are using a complicated currency swap strategy to avoid converting their dollar earnings into yuan for fear of losing out on potential gains in ...