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Correlation Matrix A good risk mitigation practice in investing is risk diversification . In this context, it means that you should invest in two currencies
Correlation Matrix
A good risk mitigation practice in investing is risk diversification In this context, it means that you should invest in two currencies such that if one goes up the other is likely to go down, thereby minimising the risk of losing all your money.
Which two among the seven given currencies would would you invest in
Japanese Yen and US dollar
Australian Dollar and INR
Japanese Yen and UK Pound Sterling
Chinese Yuan and Euro
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