Corphedge Mb21 May, 2025Business
Businesses operating in more than one country expand and reap benefits beyond the geographical borders. However, they also face many risks. One such risk faced by such businesses is currency risk, also known as foreign exchange risk or FX risk. It refers to the risk of financial losses due to fluctuations in currency exchange rates during international business transactions. Such risks can impact businesses and investors involved in international transactions or holdings.
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