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Asked a question last year

How can an importer hedge underlying FX exposure using Futures?

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A Indian importer suffers whenever the rupee depreciates against the counterparty currency(let's keep usd). So to solve this problem he can hedge his position by going long in usdinr pair futures. 

Now if rupee depreciates his import business might suffer but he would get compensation from his long position in usdinr pair futures.