Concept information
Preferred term
currency exposure
Definition
- Firms doing business in more than one currency (i.e., U.S. dollar, euro, yen, etc.) face currency exposure. This exposure arises from the fact that, in the current global environment of floating exchange rates, the value of a currency relative to other currencies (its exchange rate) is constantly changing—rising or falling based on forces of supply and demand, government activity, even currency speculators. [Source: Encyclopedia of Business in Today's World; Currency Exposure]
Broader concept
Entry terms
- exchange rate risk
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/currency_exposure
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