n NISM Certifications
NSM General NISM
Medium

Importer has to pay USD but earns INR, concerned about USDINR risk. Which strategy?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. USD appreciating against INR - Long USDINR futures

    Correct answer

  2. B

    USD appreciating against INR - Short USDINR futures

  3. C

    USD depreciating against INR - Long USDINR futures

  4. D

    USD depreciating against INR - Short USDINR futures

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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