The extreme fluctuations of the exchange rate can cause serious problems in the continuation of business. To solve this issue, the following solutions can be useful: - Fixed exchange rate adjustment - Multiplicity in the work flow so that with this work, we will be less harmed by trade in short-term periods than exchange rate fluctuations in long periods. - Inclusion of the allowed exchange rate fluctuation range in the contract - Earning foreign currency For example, if we import raw materials, in case of exporting the final product, we can protect ourselves against currency fluctuations to some extent.

In international trade exports, there are several ways to avoid exchange rate issues. 1. Quoted in RMB,this is the saftest way for me. 2. If quoted in USD OR Euro, agree on the validity period of the quotation based on the current exchange rate, eg.30-60 days 3. If the exchange rate does change greatly in a short period of time and suffers a big loss, you can explain the situation to the customer and give the data of the exchange rate change. If the change is not big, you can add 1-2% exchange rate hedging in the quotation

Firstly, for contract caluses, we should include clauses in the contract to address currency fluctuations, such as a fixed exchange rate and currency terms, in order to maintain financial fairness during the contract period. Secondly, we will regularly review the terms and check if there have been any significant changes in exchange rates, allowing both parties to reassess if necessary. Finally ,Risk sharing: Consider establishing a risk-sharing mechanism so that the risk of currency fluctuations is jointly borne by both parties to the contract, rather than being unilaterally borne by one party.

Navigating currency fluctuations can be tricky. Start with open communication, explaining the impact on your business. Propose solutions like adjusting payment terms or using a stable currency. Collaboration is key! 🌐💡

Par expérience, j'ai du communiqué la politique du pays en question concernant les taux des douanes et frais de la mise en place d'un produit étranger a mon fournisseur avec a l appui des éléments concrets qui mon permis de négocier les prix. La communication permanente est un Atout.