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Luxottica Group, S.p.A. (LUX)
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LUX » Topics » Transaction risk

This excerpt taken from the LUX 6-K filed May 12, 2009.
Transaction risk is defined as the effect coming from difference in foreign currency rates at the time of pricing or contracting and of realization of a transaction. Transaction risk is defined in relation to the base currency of a company.

 

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