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Okoora launches new App Marketplace for ABCM users
Okoora TeamOkoora
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Explore Okoora’s App Marketplace | Enhance Your Currency Management

Foreign exchange risk is an ever-present threat for any business that operates in multiple currencies, including small import-export firms, multinational corporations and everything in between. What seems to be a deceivingly simple concept, foreign exchange risk, can actually be subdivided into three distinct risks that occur when operating in multiple currencies: cash flow risk, translation risk and economic risk. This article will cover all three types of foreign exchange risk below.

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See how Okoora can support customer-facing financial products and the institution's own treasury operations on the same underlying financial architecture.

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