Exchange Rate Risk. Worldwide, the value of Precious Metal is expressed and traded in US dollars. If you purchase your Precious Metal in other currencies (eg Australian dollars or Euros), the value or your investment is influenced by exchange rate effects. An appreciation of the US dollar versus other currencies has a positive effect, whereas a depreciation has a negative effect.
Appears in 4 contracts
Samples: Depository Online Agreement, Depository Online Agreement, Depository Online Agreement