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Significance of foreign exchange rate risk

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What is the significance of foreign exchange rate risk and how can the risk be mitigated?

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Significance of foreign exchange rate risk and mitigation strategies.

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Foreign exchange rate risks play a very important role in international business transactions because they can significantly affect revenues and profitability of companies involved in such transactions. Foreign exchange rate risks arise due to significant fluctuations in exchange rate which, if happening on the adverse side, can significantly reduce ...

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