How can changes in foreign exchange rates affect the profitability of financial institutions
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Explanation:
Changes in foreign exchange rates change the value of assets held by financial institutions and thus lead to gains and losses on these assets. ... Also changes in foreign exchange rates affect the profits made by traders in foreign exchange who work for financial institutions
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changes in foreign exchange can rates affect the profitability of financial institution because the owner of the Financial Institutions can fall in gain and loss. That'swhy....
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