Term: Currency Exchange Rates
Definition:The rate at which a certain country's currency exchanges with another. Distinctive changes in currency rates, relative to the base country currency, cause the fluctuation of relative payroll costs of expatriates.
To find keyword content within a course, select the course link below.
Course | Page Number |
---|---|
92 - Expatriate Compensation | 11 |
93 - Global Mobility and the Relocation of an Employee to an International Assignment | 13 |
ERI Economic Research Institute is recognized by SHRM to offer Professional Development Credits (PDCs) for the SHRM-CP® or SHRM-SCP®