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Business Leaders Corporation recognized in its Annual Report (2019) that it has an exposure to market risks arising from changes in foreign exchange rates, particularly
Business Leaders Corporation recognized in its Annual Report (2019) that it has an exposure to market risks arising from changes in foreign exchange rates, particularly the US dollar and Pound Sterling. More than 70% of Business Leaders revenue is generated in currencies other than reporting one of Pak Rupee.
You have been asked to develop risk management strategy of Business Leader Corporation to manage this risk.
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