Foreign currency translation in General and Administrative Expenses

3 Months Ended

Mar. 31, 2023

Foreign currency translation in General and Administrative Expenses

Foreign currency translation in General and Administrative Expenses

3. Foreign currency translation in General and Administrative Expenses

The aggregate, net foreign exchange gain or loss included in determining net (loss)/income recognized in general and administrative expenses for the three months ended March 31, 2023, was a loss of $3.5 million (three months ended March 31, 2022: $5.3 million gain).