Exchange Risk
exchange risk is the risk of losing money on an investment or sale because of changes in exchange rates.
The possibility of receiving less or paying more money because a receivable or a payable is denominated in a foreign currency. Countries with shortages of convertible currency reserves often resort to exchange control. Under these conditions, payment delays often occur even after buyers have paid while the central bank allocates the corresponding foreign exchange.
Cambridge Dictionary. Retrieved from: https://dictionary.cambridge.org/dictionary/english/exchange-risk https://www.investopedia.com/terms/f/foreignexchangerisk.asp
Dictionary of International Trade. Retrieved from: https://www.globalnegotiator.com/international-trade/dictionary/exchange-risk/