Exchange rate risk
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Exchange rate risk is a risk that refers to the fluctuation in exchange rates between currencies over time.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Exchange rate risk. Refers to the fluctuation in exchange rates between currencies over time.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.