How Microsoft Dynamics NAV Can Turn Ever-Sharper Foreign Currency Fluctuations to Your Advantage

Before the global economic recession became apparent earlier this year, the Euro had been growing stronger compared with the U.S. Dollar. But now that the U.S. economy is recovering, and the foundations of the European Union economy have been shaken by the bankruptcies or near-bankruptcies of several countries such as Greece, things are changing rapidly. The Euro has been through a sharp decline, while the U.S.Dollar has grown stronger, and the Swiss Franc has maintained its strong and stable rate.

If you are only doing business within the borders of your own country,  you at least don't have to worry about currency exchange rate fluctuations. However, the likelihood that you only have domestic suppliers and customers in this global economy is remote. More likely,...

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