This assignment provides an in-depth analysis of the foreign currency exposure and risk management strategies for two Australian companies, BHP Billiton and Wesfarmers. The report examines the fluctuation in exchange rates and its impact on the share prices of both companies. It also discusses the benefits of listing a company on a foreign stock exchange, such as increased brand image and stakeholder trust. The assignment concludes with a recommendation for implementing proper foreign risk management programs to mitigate transactional and translation risks.