foreign exchange risk
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What is meant by foreign exchange risk? What specific problems does foreign exchange present in an organization? How could an organization needing Euros in six months protect itself from currency fluctuations?
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What is meant by foreign exchange risk?
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Foreign exchange risk occurs when a currency of one country fluctuates in comparison to the currency of another country in terms of its value. So if a person contracts to buy a product from England but it is a US company, they need to ...
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