Final answer:
The risk of an exchange rate causing a trade imbalance and financial capital flows.
Step-by-step explanation:
The risk mentioned in the question is related to the potential consequences of an exchange rate that causes a large trade imbalance and significant inflows or outflows of financial capital.
When the exchange rate is misaligned, it can lead to trade imbalances, where a country imports more than it exports or exports more than it imports. This can disrupt economic stability and lead to high inflows or outflows of financial capital.