How do I protect my business cash from the dollar's decline?

My business has cash in the bank, how do I protect that from the decline of the US Dollar?

How do I protect my business cash from the dollar's decline?
With respect, whomever told you that the dollar's decline doesn't affect you if you're not involved in overseas trade is very mistaken. The dollar today is doing the same thing that happened to Argentina and Mexico and Germany; it's just taking longer to do it.





There are a number of avenues to pursue but they will all involve an international mindset. This is not generally encouraged by the U.S. government although it is 100% legal. By investing your dollars in other currencies, your money is unaffected when the dollar drops.





Additionally, there are more than 55,000 mutual funds that are available for you to invest in that are NOT based on the dollar. The reason you don't know about them is because the U.S. government makes it illegal for them to advertise to U.S. citizens.





Think outside the box. You'll find that there are a lot of opportunities for you to protect your assets.
Reply:If you are in the US and not involved in overseas trade, then the decline has no bearing on your cash. You can only be affected by its value when there is high inflation in the US.





But if you are in overseas trade, then you can seek for your coverage in fixing the exchange rate at today's rate to the US dollar. If you intend to holiday abroad, a coverage could also be arranged.