Long hedges in currency futures are designed to protect a bank or its customer from increases in the price of the currency it must eventually acquire.

Name: Long hedges in currency futures are designed to protect a bank or its customer from increases in the price of the currency it must eventually acquire.
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Long hedges in currency futures involve buying futures contracts to protect against price increases in the currency that a bank or its customer will eventually need to acquire.

Long Hedges in Currency Futures Are Designed to Protect a Bank