One of the first things that came to Domtar CEO John Williams’ mind after the Brexit vote was he’s going have to raise price to United Kingdom customers. With a 10 percent to 15 percent drop in the value of the British pound when compared with the dollar, UK currency just doesn’t buy as much when money is changing hands across the pond. “We are planning and waiting — and telling U.K. customers we need price to go up,” Williams says. Williams and other local Brits were speaking at panel…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/08/15/buying-british-strong-dollar-dominate-discussion.html?ana=RSS%26s=article_search
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