91. Turned loose, the individual investor may very well save money on commissions or other transaction costs but lose his or her shirt making the wrong judgment. 92. Transaction costs from currency exchange and currency hedges are a major financial burden. 93. We need a deeper understanding of transaction costs to resolve the issue. 94. You should also consider transaction costs, which can offset any benefits of rebalancing. 95. But within Europe, the euro will present lower transaction costs for trade and should attract interest there as a reserve currency. 96. Chatu Mongol said that Malaysian importers may face transaction costs higher when purchasing Thai exports since they will not be able to pay for them in ringgit. 97. Even the transaction cost can be broken into brokerage fees, market impact costs and clearing and settlements. 98. Hasan acknowledged interests rates may be lower for euros but said transaction costs would be minimal since Iraq would buy its humanitarian supplies in euros, not dollars. 99. In addition, by being able to instantaneously track transactions, the treasury heads of financial institutions can eliminate unnecessary transaction costs. 100. In practical terms, European companies could save millions in transaction costs and plan ahead without fear of unexpected currency fluctuations. |
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