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Windbag1014

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Windbag1014

Re: Pisd post# 692

Wednesday, 05/04/2022 4:50:22 PM

Wednesday, May 04, 2022 4:50:22 PM

Post# of 718
Only in so far as it affects currency. Foreign is in the eye of the beholder. I am seeing over 65% of revenue coming from Europe so not so much there. Americas are around 25% and Asia 10%. Check the dollar/euro to be sure but one sided rate changes usually translate into currency differences. I would imagine something as telegraphed as today's hike is hedged or factored in on the larger multinationals.

If you are talking about the ADR...
https://www.advisorperspectives.com/commentaries/2017/08/30/yes-adrs-do-carry-foreign-currency-risks#:~:text=The%20price%20of%20an%20ADR%20is%20affected%20by,holds%20local%20currency-denominated%20ordinary%20shares%20of%20foreign%20companies.

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