asked 197k views
1 vote
What term is used to describe the process of reducing foreign exchange risks​

asked
User Mikael H
by
8.0k points

1 Answer

5 votes

Answer:

business transactions are denominated in foreign currencies. In international accounting, a "hedge" is: ... a business transaction made to reduce the exposure of foreign exchange risk.

answered
User Snumpy
by
8.0k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.