Currency Risk
All Financial Risks
The risk of financial loss or impact arising from adverse changes in foreign exchange rates, either at a point in time or over a period of time. The adverse impact can be on one or more of the following:
- The value of assets or liabilities denominated in a foreign currency(ies);
- Payments due (revenue or trade debts) denominated in a foreign currency(ies);
- Future revenue streams denominated in a foreign currency(ies); and
- Operating expenses denominated in a foreign currency(ies);.