Working Examples on Operating Exposure and Management Where operating exposure to home currency appreciates Question 1: Suppose Belgard Plc. is a German company which arranged to sell software products to British customers and its sales are invoiced in euros. Due to the effect of inconclusive framework on Post Brexit and severe Economic Losses caused by Covid-19 Pandemic, the pound currency used in Britain depreciated against the euro thereby increasing the price of the software to British customers. Comment on the likely implications of the currency fluctuations on Belgard's products or sales