Page 48 - Voice policy H2 2020
P. 48
Exchange rate management in H2 2020
Since the first half of 2017, it has been decided to optimize On H1 2020 due to world Crisis , the Exchange rate was unstable
the updating of the exchange rate in the system.
H1 2020 – COVID Effect
This rule has been refined since H2 2018 with a threshold of
± 1% in the event of a market deviation (instead of 2% in H1 2017
and 1.5% in H2)
The result: Our selling rates stabilized with a positive impact
on the business
H2 2019
By the same time, the exchange rate in the market may
be used by Destination Managers to grant special selling
rates requested by Account Managers, or to decide the
use of a new provider on Account Managers’ request
But in these cases, Account Managers must be aware
that there will be a negative impact on margin (sales
margin, purchase margin and margin per destination)
Interne Orange
48
