Foreign Currency Risk Sample Clauses

Foreign Currency Risk. Investing in securities that are priced in foreign currencies involves foreign currency risk. Securities that are priced in foreign currencies can lose value when the Pound rises against the foreign currency. As well, foreign governments may impose currency exchange restrictions, which could limit the ability to buy and sell certain foreign investments and could reduce the value of the foreign securities that are held by investors.

Foreign Currency Risk. Foreign currency risk is defined as the exposure to loss due to fluctuations in foreign exchange rates. Foreign currency exchange rates are generally affected by a multitude of complex factors, such as the relative strength of the economies of various nations, changes in foreign and domestic interest rates, changes in trade policies, government and central bank interventions and political developments. The Company’s investments may include foreign securities or other investments denominated in non-U.S. currencies. In addition, the Company may receive revenues or incur liabilities from outside of the United States. Consequently, fluctuations in currency rates can affect the Company. In that regard, the Company may use derivative transactions to hedge foreign currency exposure risk. To the extent the Company engages in more sophisticated derivative strategies with respect to foreign currencies, the Board must approve all strategies and testing as part of the risk management process discussed herein.

Foreign Currency Risk. The Fund may invest in companies whose securities are denominated or quoted in currencies other than U.S. dollars or have significant operations or markets outside of the United States. In such instances, the Fund will be exposed to currency risk, including the risk of fluctuations in the exchange rate between U.S. dollars (in which the Fund’s shares are denominated and the distributions are paid by the Fund) and such foreign currencies. Therefore, to the extent the Fund does not hedge its foreign currency risk or the ▇▇▇▇▇▇ are ineffective, the value of the Fund’s assets and income could be adversely affected by currency rate movements.

Foreign Currency Risk. Client agrees that in the event that Client directs Broker to enter into any transaction denominated in a foreign currency: (i) any profit or loss arising from a fluctuation in the exchange rate affecting such currency will be entirely for Client's Account and risk, (ii) all initial and subsequent deposits for margin purposes shall be made in U.S. Dollars, in such amounts as Clearing Firm may, in its sole discretion, require, and (iii) Clearing Firm is authorized to convert funds in Client's Account into and from such foreign currency at a rate of exchange determined by Clearing Firm, in its sole discretion, on the basis of then prevailing money markets, and Client will reimburse Clearing Firm for any expenses incurred in connection therewith.

Foreign Currency Risk. The Group’s exposure to foreign currency risk arises mainly from purchasing the program right that is denominated in foreign currencies. The Group seek to reduce this risk by entering into forward exchange contracts when it considers appropriate. Generally, the forward contracts mature within one year. As at March 31, 2021 and December 31, 2020, the balances of financial assets and liabilities denominated in foreign currencies are summarised below. Foreign currency Financial assets Financial liabilities Average exchange rate As at March 31, 2021 As at December 31, 2020 As at March 31, 2021 As at December 31, 2020 As at March 31, 2021 As at December 31, 2020 (Million)‌ (Million) (Million) (Million) (Baht per 1 foreign currency unit)‌ US dollar 25.79 22.87 6.34 2.65 31.34 30.04 As at March 31, 2021 and December 31, 2020, foreign exchange contracts outstanding are summarised below. Contractual exchange rate ‌‌ Foreign currency Bought amount Sold amount Bought amount Sold amount Contractual maturity date (Million) (Million) (Baht per 1 foreign currency unit) US dollar 0.98 2.50 30.43 - 31.27 30.12 - 31.01 April 8, 2021 - November 15, 2021 Contractual exchange rate ‌‌‌ Foreign currency Bought amount Sold amount Bought amount Sold amount Contractual maturity date (Million) (Million) (Baht per 1 foreign currency unit) US dollar 1.30 0.73 30.43 - 31.27 30.07 - 30.18 January 21, 2021 - November 15, 2021

Foreign Currency Risk. The Group’s exposure to foreign currency risk arises mainly from purchasing the program right that is denominated in foreign currencies. The Group seek to reduce this risk by entering into forward exchange contracts when it considers appropriate. Generally, the forward contracts mature within one year. As at June 30, 2021 and December 31, 2020, the balances of financial assets and liabilities denominated in foreign currencies are summarised below. Foreign currency Financial assets Financial liabilities Average exchange rate As at June 30, 2021 As at December 31, 2020 As at June 30, 2021 As at December 31, 2020 As at June 30, 2021 As at December 31, 2020 (Million)‌ (Million) (Million) (Million) (Baht per 1 foreign currency unit)‌ US dollar 28.15 22.87 7.05 2.65 32.05 30.04 As at June 30, 2021 and December 31, 2020, foreign exchange contracts outstanding are summarised below. As at June 30, 2021 Contractual exchange rate ‌‌ Foreign currency Bought amount Sold amount Bought amount Sold amount Contractual maturity date (Million) (Million) (Baht per 1 foreign currency unit) As at December 31, 2020‌ Contractual exchange rate ‌‌ Foreign currency Bought amount Sold amount Bought amount Sold amount Contractual maturity date (Million) (Million) (Baht per 1 foreign currency unit) Since the majority of the Group’s financial instruments are short-term in nature or carrying interest at rates close to market interest rates, their fair value is not expected to be materially different from the amounts presented in statement of financial position. A fair value is the amount for which an asset can be exchanged or a liability settled between knowledgeable, willing parties in an arm’s length transaction. The fair value is determined by reference to the market price of the financial instruments or by using an appropriate valuation technique, depending on the nature of the instrument.

Foreign Currency Risk. The Seller and the Exchange Agent will take prudent steps to manage any foreign currency risks arising in connection with the transactions contemplated by this Agreement.

Foreign Currency Risk. Client agrees that in the event that Client directs GS to enter into any transaction denominated in a foreign currency: (i) any profit or loss arising from a fluctuation in the exchange rate affecting such currency will be entirely for Client's Account and risk,