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Currency Rates and Benefits for Manufacturers in Mexico

Currency Rates Benefits for Manufacturers in Mexico

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Currency Rates Benefits in Manufacturing Expert Interview

Mexico Peso vs. US Dollar

Dramatic fluctuations in the value of the Chinese currency in 2015 are ample evidence of how difficult it is to generalize about world currencies and their exchange rates with the U.S. and Canadian dollar.

Economists agreed that Latin America-based commodity Manufacturers stand to benefit, as exports become cheaper and more attractive.

How manufacturers can hedge the peso devaluation in Mexico?

To better understand how manufacturers can hedge the currency exchange market while operating in Mexico, Co-Production International spoke with Antonio Carranza, Finance Director and CFO for Goodridge Ltd. Carranza has over 20 years’ experience in financial planning, treasury management and hedging strategies. Having worked in Latin America, the United States and Europe, his expertise in global currency markets will give dynamic insight into how manufacturers can hedge the peso devaluation in Mexico.

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