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What are the major types of foreign exchange risks?

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What are the major types of foreign exchange risks? How are these risks hedged or mitigated? What benefits do firms gain from hedging activities?

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Major type of foreign exchange risks:
1. Changing of currency exchange rates
2. Adverse movement in exchange rates
3. Foreign investors who are investing in that country
4. Inflation rates in the country you are investing, the ...

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