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Old 04-20-2007, 08:39 AM  
v4 media
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Quote:
Originally Posted by TopBucks Lilit View Post
LOL...It's impossible to escape exchange rates fluctuation
No it's not..

If you know roughly the sort of income your going to have $$ wise going forward and can live with the current rates, find a business bank that will do you a currency swap. It's a derivative where you fix the exchage rate going forward, if the $$ goes lower your swap pays out if it goes higher you pay the difference between the rates. either way you're locked in at the curent exchange rate.

Last edited by v4 media; 04-20-2007 at 08:40 AM..
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