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Business, 06.05.2021 16:20 abdullahs4639

Raleigh, Inc. had a Swiss franc (CHF) receivable resulting from exports to Switzerland and a Mexican peso (MXP) payable resulting from imports from Mexico. Raleigh recorded FX losses related to both the CHF receivable and the MXP payable. Did the foreign currencies increase or decrease in US dollar value from the date of transaction to the settlement date

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