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Financial risk and its types

Updated : August 09, 2019 01:47 PM IST

Financial risks arise in the firm due to certain market conditions such as market fluctuations caused by stock market falls, changes in monetary health etc.
While any event or factor that affect the finance sector negatively can be termed as a risk, they can still be broadly classified into three, i.e business, non-business and financial.
Financial risk and its types

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