1. Instead, banks are increasingly unwilling to hold currency positions for long, he said. 2. Denmark also meets the convergence requirements for inflation, interest rates and currency position . 3. They are commonly used by MNCs to hedge their currency positions . 4. Turkey's 80 banks have an estimated $ 18 billion in open foreign currency positions . 5. More corporations started to cover their open currency positions thereby putting pressure on the rupiah. 6. Q . Do most mutual funds hedge currency positions ? 7. A . We have hedged our currency positions since 1993, so I pay minimal attention to currency movements. 8. Traders expect the peso to continue to depreciate until banks are able to completely square off their currency positions . 9. A trader at a prominent hedge fund, which often takes big currency positions , said there would be some " short-term pain ." 10. Most market participants have already closed their books for the year, with just a few of them tinkering with their currency positions .
