A strong dollar is weighing on earnings, report says
June 6, 2019
Multinational companies based in North America reported a collective $20.8 billion currency value loss in the fourth quarter of 2018. That’s according to a new report from Kyriba on currency losses quantified during quarterly earnings calls. The firm counsels companies on financial risk and compliance. That figure is up $9 billion from the prior quarter and the highest since Q4 2015.