14-13 Most nonbank FIs have foreign exchange risk exposure that is smaller than the exposure of the large U.S.money-center banks.

Name: 14-13 Most nonbank FIs have foreign exchange risk exposure that is smaller than the exposure of the large U.S.money-center banks.
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Question

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Nonbank FIs generally have smaller foreign exchange risk exposure compared to large U.S. money-center banks due to their smaller size and more limited international operations.

14-13 Most Nonbank FIs Have Foreign Exchange Risk Exposure That