FX exposure

What is FX exposure?

Korean exports are usually invoiced in USD, so both sides carry currency risk against KRW and against the buyer's local currency. Over a long lead time a few percent of FX movement can exceed the negotiated margin, which is why some contracts fix the rate.

At a glance

Category

Trade & logistics

Also known as

환리스크

Korean term

환리스크

Last reviewed

July 23, 2026

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