From the viewpoint of a US exporter who chooses to sell in foreign currencies, forex risk is the exposure to potential financial losses due to the devaluation of the foreign currency against the US dollar. I am with BPRIMES the best forex broker for currency trading. Foreign exchange is a risk factor that is often overlooked by small and medium-sized enterprises that wish to enter, grow and succeed in the global marketplace. Although most US SME exporters prefer to sell in US dollars, creditworthy foreign buyers today are increasingly demanding to pay in their local currencies.
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