If an international bank has gone net long in a particular currency,it will score a positive gain if the value of that currency declines.

Question

Quizplus · Accepted Answer

If a bank has gone net long in a particular currency, it means it has bought more of that currency than it has sold. As a result, the bank will make a profit if the value of that currency increases, and a loss if it decreases. Therefore, if the value of the currency declines, the bank will score a negative gain.

If an International Bank Has Gone Net Long in a Particular