View the Currency presentation - ICICI Direct
View the Currency presentation - ICICI Direct
View the Currency presentation - ICICI Direct
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When is currency a risk?<br />
• <strong>Currency</strong> risk occurs when<br />
- transactions undertaken by entity involves international currencies.<br />
- rate of exchange has direct or indirect impact on its financial statements.<br />
• Transactions may be<br />
- receivable or payable fx instruments.<br />
- purchase/sale commitments in fx.<br />
- future transactions in a foreign currency.<br />
- speculative transactions.