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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Foreign exchange risk
Jetaway is situated in Eurozone,it has to maintain staff in each country with salaries being paid in the local currency.
What do they mean by local currency??Euros or the staff’s local currency?
Its from mock 2 bpp Q4
I do not have the BPP mock, but it will mean that they have to pay the staff in the currency of the country where the staff live.
