Monday, February 13, 2006
SAN FRANCISCO, Feb. 13 /PRNewswire/ - Travelex, the world's top foreign exchange specialist, announced today the opening of its San Francisco trading floor to improved serve the Bay Area and West Coast as the need for foreign exchange services grows in the region. The new trading floor will cater to regional companies, advising them on FX risk alleviation and worldwide expenses.
The commence, in addition to deepening Travelex's attendance in the North American market as part of the company's attempt to build its Commercial Foreign Exchange (CFX) business in the region, points to the upward use of foreign exchange prevarication strategies by U.S.-based organizations - strategies that are becoming increasingly important as companies look to preserve profit margins and cash flows against foreign currency fluctuations.
The commence, in addition to deepening Travelex's attendance in the North American market as part of the company's attempt to build its Commercial Foreign Exchange (CFX) business in the region, points to the upward use of foreign exchange prevarication strategies by U.S.-based organizations - strategies that are becoming increasingly important as companies look to preserve profit margins and cash flows against foreign currency fluctuations.
posted by wilson @ 8:43 PM
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