While much lower in market and default risk than possessed by capital-market securities, money market securities are generally higher in currency risk than capital-market securities, according to your text.

Question

Quizplus · Accepted Answer

Money market securities are typically short-term and denominated in the investor's home currency, reducing their exposure to currency risk compared to capital-market securities, which may have longer maturities and can be denominated in foreign currencies, increasing their currency risk.

While Much Lower in Market and Default Risk Than Possessed