| Correlation | Local stock price | Local currency |
| Positive | decrease ↓ | depreciate (against investor's home/base currency) |
| Negative | increase ↑ | depreciate (against investor's home/base currency) |
Saturday, February 5, 2011
Currency exposure of a foreign stock investment
The Correlation of the stock price to a change in the value of the local currency.
Labels:
C,
CFA Level 2 (June 2011)
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