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You are working with an international bank. A client of yours who is int export-import business approaches you regarding his international transactions in different currencies.
You are working with an international bank. A client of yours who is int export-import business approaches you regarding his international transactions in different currencies. As per market, the US dollar and Euro would see a upwards trend. Your friend fears the loss in his business due to this rise in currencies as he imports raw material for his business and deals in these currencies. In order to mitigate the risk of loss, what products would you suggest your friend. Explain them in detail.
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