What does "foreign exchange risk coverage" mean?
A legal entity is naturally covered against currency risk if the level of monthly income in foreign currency del credito (or indexed in the credit currency) fully covers the total monthly payment obligations. 🙂
This thing arising from loans or other repayable financing contracted in the respective currency (including the new requested financing).
It is preferable that the currency of the requested credit be the same as the currency of the collected incomes, thus excluding the possibility of assuming any currency risk. 💰
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