ACI
3I0-012 · Question #337
3I0-012 Question #337: Real Exam Question with Answer & Explanation
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Question
If you sell forward USD to a client against EUR, what is the first thing you should do to cover your exposure to exchange rate movements?
Options
- ASell and buy USD in the FX swap market
- BSell USD in the spot market
- CBuy USD in the spot market
- DBuy and sell USD in the FX swap market
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