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NAO briefing for the Foreign Affairs Committee on the Management of Exchange Rate Risk by the Foreign and Commonwealth Office.

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This briefing has been prepared for the Foreign Affairs Committee to provide an overview of the management exchange rate risk by the Foreign and Commonwealth Office (FCO), in support of the Committee’s enquiry into the FCO Departmental Report and Resource Accounts 2008-09.

This briefing has been shared with the FCO and treasury to ensure that the evidence presented is factually accurate, but the commentary and views expressed are the sole responsibility of the NAO.

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