Discuss the relevance of countries' exchange rate fluctuation on Microsoft corporation MNC and why should you care about what other currency markets are doing. Referencing in the article How do Foreign Exchange Rates Affect a BusinessLinks to an external site., be sure to include: The FX market - their role in determining currency valuations. Use of forward markets by Microsoft corporation MNC to manage risk The impact of exchange rates on Microsoft corporation MNC goods and services internationally and domestically.