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Ranjit is sourcing security clothing and PPE from overseas suppliers.

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Ranjit is sourcing security clothing and PPE from overseas suppliers. He wants to remove foreign-exchange fluctuation risk and has asked suppliers to quote in GBP. Will this remove the fluctuation risk for the hospital?

A.

No, as the value of the supplier’s currency may decrease

B.

Yes, as the risk will sit with the supplier

C.

No, as the risk will sit with the buyer

D.

Yes, as the value of GBP may increase

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