In recent years, Central Banks around the world have made the news with more frequency than ever before. How can global businesses identify which are the "right" exchange rates to use - market rates or Central Bank rates?
After pulling out of the Trans-Pacific Partnership, Trump has signaled his desire to renegotiate US participation in the longstanding North American Free Trade Agreement. This only adds to near-term uncertainty for the Mexican Peso. What does this mean for companies with cash flows exposed to the peso?
The web provides plenty of ways to get free exchange rates. There also several ways to get an exchange rate API for free. Why would you need one? Currency conversion for reporting purposes, financial reconciliation, pricing, as well as APP development; these are some of the most common use cases that require a user to automate the exchange rate input.
OANDA, one of the world's most trusted source of Foreign Exchange data and business services, has entered into partnership with the Cloud ERP System Kenandy. The OANDA Automated Exchange rates will now be available to all Kenandy ERP users without need for lengthy and expensive integrations.