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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.

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