Financial Challenges of Export and Import Trade Finance

The Export and Import Finance work round the clock across the different time zones and this causes unwanted fluctuation in the price of the currency. An event overnight at the US market will cause a suitable change in the local currency markets. Example, the FOMC rate decision which is declared at mid night India time when our markets are closed, but the volatility in the market is felt only when we are open at 9 am next day. Visit: http://chyngle.com/finance/financial-challenges-of-export-and-import-trade-finance.htm