Its sales to thai customers are denominated in baht explain, Financial Management

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Its sales to thai customers are denominated in baht explain

Reducing economic exposure. UVA Ltd is a UK- based MNC that obtains 40% of its foreign supplies from Thailand. It also borrows Thailand's currency (the baht) from Thai banks and converts the baht to pounds to support UK operations. It currently receives about 10% of its revenue from Thai customers. Its sales to Thai customers are denominated in baht. Explain how UVA Ltd can reduce its economic exposure to exchange rate fluctuations.

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Financial Management: Its sales to thai customers are denominated in baht explain

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Financial Management: Its sales to thai customers are denominated in baht explain

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