Task 1: "Star Hypermarket is based in Oman and has its business operations spread across the country. Recently the management of the firm decided to enter UAE, UK and Germany markets. This requires a lot of capital investments and long term commitments". Do you agree that foreign currencies will be a crucial factor in the stated scenario? What is your opinion about the foreign exchange risk exposure due to the dealing in different currencies? Give proper recommendations for risk mitigation. Use historical exchange rates and other variables to support your answer. (5 marks) Task 1: "Star Hypermarket is based in Oman and has its business operations spread across the country. Recently the management of the firm decided to enter UAE, UK and Germany markets. This requires a lot of capital investments and long term commitments". Do you agree that foreign currencies will be a crucial factor in the stated scenario? What is your opinion about the foreign exchange risk exposure due to the dealing in different currencies? Give proper recommendations for risk mitigation. Use historical exchange rates and other variables to support your