For a correct idea of what this means, is worth just one example: The volatility of the euro to U.S. dollar exchange rose from 5.5% in July 2007 to levels 24% today. And the euro pounds exchange levels do even greater. That is, it has increased more than 4. This made the exchange risk faced by firms operating in international markets to skyrocket. In this context, firms face higher costs, either for the price of insurance premiums for change or simply assume the difference adding to corporate losses. Experts say that this situation is extreme. Something like this has ever happened since the creation of the euro, worsened in recent weeks because of the worsening

of the crisis. The main companies suffer from this imbalance are the exports and imports, or that treat foreign trade. What I do is booming is the business change consultancy, dedicated to helping clients (Spanish companies) to reduce risk by trading currencies.