Free Float Frees Up Sri Lankan Rupee

MILESTONES: SRI LANKA By Kim Iskyan After months of conjecture, Sri Lanka’s central bank announced on February 9 that it would no longer defend the rupee at a particular level—in effect, allowing it to float. The move spooked investors, spurring ...

Strong Growth, Strong Reform In Mongolia

MILESTONES: MONGOLIA By Thomas Clouse Mongolia’s economy grew at a record-setting pace in 2011, bringing optimism for improved living standards—and concerns about overheating. In February the World Bank cited 2011 GDP growth at 17.3%, up from 6.4% in 2010. Unemployment ...

Treasury & Cash Management Awards 2012

ANNUAL SURVEY: DIGGING DEEPER By Anita Hawser Companies want ever-more-detailed information to better manage cash and liquidity. Those banks that are investing in best-in-class risk and liquidity management solutions are winning corporate clients. Last year was a difficult one for ...

TCM Focus: Corporate Payments

CARD TRICKS By Denise Bedell Advanced card solutions are helping companies extend working capital cycles while improving suppliers' cash flow. The drive to automate payments has been a long-term trend, pushed further by the global financial crisis and the need ...