Foreign Exchange Risk: MeaningIn simple words, foreign exchange risk is the impact the firm faces due to exchange rate fluctuations or changes in the… Read Article
What is International Financial Management?Financial Management is the branch of management that takes care of the financial resources and aspects of a company. The… Read Article
International business means producing and selling goods and services between/amongst various countries. A business is said to be international if it produces in its… Read Article
International business means taking the business beyond the boundary of a country. Or, in simple words, it means selling your product or service in… Read Article
Translation and remeasurement are the concepts that relate to foreign currency and exchange rates. In both, the financial results of a company are converted… Read Article
Functional Currency (FC), as the word suggests, is the currency of the location or the economic environment in which a firm works. Or, we… Read Article
What is Pegged Exchange Rate?Exchange rates measure a country’s currency value vis-à-vis the currency value of other countries. A currency can be strong or… Read Article