When a company has an open FX position,this means:
A) it has a large amount of FX accounts.
B) it has just received a large FX account payable.
C) it has a USD account receivable and a USD account payable.
D) the net value of FX buys and sell transactions is yet to be settled.

Question

Quizplus · Accepted Answer

An open FX position means that the net value of FX buys and sell transactions is yet to be settled. This means that the company has exposure to potential gains or losses due to fluctuations in the exchange rate until the position is closed.

When a Company Has an Open FX Position,this Means