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What is meant by foreign exchange risk?
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Asked 6/12/2013 1:45:50 PM
Updated 3/16/2014 11:16:46 AM
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Flagged by sujaysen [3/16/2014 11:16:05 AM]
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User: What is meant by foreign exchange risk?





Question
Asked 6/12/2013 1:45:50 PM
Updated 3/16/2014 11:16:46 AM
1 Answer/Comment
Flagged by sujaysen [3/16/2014 11:16:05 AM]
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Foreign exchange risk (also known as exchange rate risk or currency risk) is a financial risk posed by an exposure to unanticipated changes in the exchange rate between two currencies.

Added 3/16/2014 11:16:46 AM
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What is meant by foreign exchange risk?
Weegy: Foreign exchange risk (also known as exchange rate risk or currency risk) is a financial risk posed by an exposure to unanticipated changes in the exchange rate between two currencies. [ Investors and multinational businesses exporting or importing goods and services or making foreign investments throughout the global economy are faced with an exchange rate risk which can have severe financial consequences if not managed appropriately. ] (More)
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