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Suppose you are working for a company based in Ireland (where the euro is used). This company exports product to the UK, but invoices its
Suppose you are working for a company based in Ireland (where the euro is used). This company exports product to the UK, but invoices its prices in euros (instead of pounds). Suppose you believe the euro will appreciate versus the pound over the coming year. Would that impact the profitability of your company this year? If not, explain. If so, explain how (and the type of risk youre facing.
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