which risk arises due to change in exchange rates
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Answer:
★Thank you★
Explanation:
★Companies are exposed to three types of risk caused by currency volatility: Transaction exposure arises from the effect that exchange rate fluctuations have on a company's obligations to make or receive payments denominated in foreign currency.★
Answered by
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Answer:
Hey Mate...
Companies are exposed to three types of risk caused by currency volatility: Transaction exposure arises from the effect that exchange rate fluctuations have on a company's obligations to make or receive payments denominated in foreign currency
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