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    Financial Institutions Study Set 1
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    Exam 13: Foreign Exchange Risk
  5. Question
    The Reason an FI Receives a Fee When Purchasing Foreign
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The Reason an FI Receives a Fee When Purchasing Foreign

Question 54

Question 54

True/False

The reason an FI receives a fee when purchasing foreign currencies to allow customers to complete international transactions is because the FI assumes some FX risk.

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