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Suppose I am an American Company's subsidiary in France. My functional currency is USD. I have to pay 1.8 million in EUR in 3-month. Spot

Suppose I am an American Company's subsidiary in France. My functional currency is USD. I have to pay 1.8 million in EUR in 3-month. Spot rate in 3-month is likely to be 1.5 EUR / 1 USD, but now the spot rate is currently at 1.8 EUR/ 1 USD. Will I benefit from waiting ? Has EUR appreciated or depreciated ?

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