What do you call this hedging technique

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If you have a A/P of Swedish Krona 2.5 million due in 3 months, and you would like to use euro futures contract from CME to hedge the risk. Assume today’s exchange rate is €1 = SEK8.2. The contract size for euro futures is €125,000 per contract. What do you call this hedging technique?

Reference no: EM131530916

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