Research an event related to Currency Exchanges, or Currency Fluctuations, and how it affects the transactions of international business Be sure to use credible sources for this current event. Other...

Currency Fluctuations, Exchange rates and Impact on International business:
· Research an event related to Currency Exchanges, or Currency Fluctuations, and how it affects the transactions of international business Be sure to use credible sources for this current event.
Currency exchange value and the currency fluctuations do have considerable impact on the direction of the international business and will decide the profitability as well as loss in the international business. At typical event in the history that demonstrate the variation in the foreign currency fluctuations is the case of Brexit. During 2016, with the onset of Brexit evolution, the value of the British pound got depreciated against dollar drastically and got triggered to become volatile. The fall in the sterling pound value resulted in several disadvantages to the UK...