_ refers to the process of buying and selling a foreign currency in two different market at same time.

Related MCQs

• In the determination of the exchange value of a currency, the first currency of a currency pair is called _ .
• Reducing the value of domestic currency in term of foreign currency :
• The currency used for international transactions irrespective of the importing or exporting country’s currency is called _ .
• Under managed float, the central bank of a nation intervenes to_ _ foreign currency.
• When supply of foreign exchange is increased given the demand for foreign exchange, the rate of exchange _.
• Services rendered by the domestic country to foreign counter parts increase the _ of foreign exchange.
• Transactions in the foreign exchange market are carried out are termed as _.
•     _ _ is a feature of the foreign exchange market which enables an investor to earn high returns.
•         _has enabled faster growth of the foreign exchange market.
• The modern foreign exchange market functions in a system of _ .