A currency trader in HSBC Singapore sold too much Singaporean dollar. It is closing to the end of the trading day and she does not want to be exposed to foreign exchange risk overnight. What should the trader do?

Select one:

a. Increase bid and increase offer rates.

b. Decrease bid and decrease offer rates.

c. Increase bid rate and decrease offer rate.

d. Decrease bid rate and increase offer rate.

e. Do nothing because the risk has been transferred to the client.