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Tony McLaughlin,
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The management of financial risks (interest rates, FX, etc.), maximization of investment returns, management of revenues and expenses, assets and liabilities, raising short- and long-term financing… it all comes down to money. The medium of money through which modern treasurers move is not as elementary as it appears, it cannot be taken for granted.
Treasurers generally operate in only one of the monetary slipstreams – the commercial bank money layer of the fiat currency system.
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