The bank account of a non-resident of a country, where the amount of currency in the account cannot be transferred to another country is called as

Related MCQs

• A bank located usually in another country that provides service for another bank is
• Exchange rate between currency A and currency B, given the values of currencies A and B with respect to a third currency is known as
• Quotation where the price of one unit of foreign currency is given in terms of local currency units is called as
• An operation in order to protect the domestic currency value of an asset or a liability that is denominated in foreign currency is called as
• A foreign currency account maintained by a bank abroad is its
• A firm operating in India cannot hedge its foreign currency exposure through
• A deposit or borrowing domiciled outside the home country of the currency is called as
• Agreement to exchange one currency for another at a specified exchange rate and date is
• The number of nostro accounts that can be maintained by a bank in a particular currency is
• Maintaining a foreign currency account is helpful to