What type of banking risk includes deterioration of the value of the local currency in terms of the bank’s base currency; convertibility or transfer risks. a. Credit Risk b. Liquidity Risk c. Foreign Exchange Risk d. Interest Rate Risk

Essentials Of Investments
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Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
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What type of banking risk includes deterioration of the value of the local currency in terms of the bank’s base currency; convertibility or transfer risks.

a.

Credit Risk

b.

Liquidity Risk

c.

Foreign Exchange Risk

d.

Interest Rate Risk

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