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Buyers credit and LC - Impact of exchange rate variation

This query is : Resolved 
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(Querist)
29 August 2022 Hi,

Foreign exchange rate variation risk is applicable for Buyers credit and LC transaction? For cover exchange rate risk under buyers credit whether we have to go for additional risk cover mechanisms?
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
29 August 2022 Yes, go for additional risk cover mechanisms.

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