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Library's collection Library's IT development CancelThis paper main goal to investigate the impact of foreign exchange exposure to the stock return of non-financial companies for investor point of view and the cash flow of non-financial firms for firms’ point of view in KOMPAS100 Index. Panel data investigation is employed using a sample of 70 firms listed in KOMPAS100 Index from 2017 to 2019. Foreign Exchange Exposure is calculated using specific risk of each companies that could influence the degree of exposure of each firm. Foreign Exchange Exposure is the independent variable, meanwhile, Stock Return and Cash Flow as the dependent variables. The control variables consist of Firm Size, Trading Volume and Debt Ratio. In this study, two hypotheses are being assessed. The data analysis would be progressed through using Gretl Software. The outcome of this research is foreign exchange exposure has an impact towards stock return and cash flow.