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What is meant by foreign exchange rate? What specific problems does foreign exchange present in an organization? How could an organization needing Euros in six

What is meant by foreign exchange rate? What specific problems does foreign exchange present in an organization? How could an organization needing Euros in six months protect itself from currency fluctuations?

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A foreign exchange rate is the price of the domestic currency stated in terms of another currency In other words a foreign exchange rate compares one currency with another to show their relative value... blur-text-image

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