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AFP Risk: Treasurers Rethink FX Strategies after RMB Plunge

  • By Staff Writers
  • Published: 9/10/2015
This month, we look at the devaluation of the renminbi (RMB). Although it is unlikely to cause much grief for treasurers in the near term—it may prompt treasurers to reconsider their companies’ longer term plans. Also this month, we look at business email compromise (BEC) scams, which have cost businesses more than $1.2 billion in the past two years. These scams are quickly becoming the top fraud threat to treasury and finance professionals.

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