A call option in foreign currency gives the buyer the right, not the obligation, to sell a specified number of foreign currency units at a fixed price, up to the option's expiration date.

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A call option in foreign currency gives the buyer the right, not the obligation, to buy a specified number of foreign currency units at a fixed price, up to the option's expiration date. The option to sell foreign currency units would be a put option.

A Call Option in Foreign Currency Gives the Buyer the Right