Transaction where the exchange of currencies take place on the same date is known as

Related MCQs

• Transaction in which exchange of currencies take place at a specified future date, subsequent to spot date is known as,
• Transaction in which currencies to be exchanged the next day of the transaction is known as
•     _ refers to the rate at which the transaction take place at a future date.
• When supply of foreign exchange is increased given the demand for foreign exchange, the rate of exchange _.
• According to _ theory, the exchange rate between two currencies is determined by their purchasing power.
• According to the Purchasing Power Parity theory, the rate of exchange between the currencies of two countries is determined by_                      
• Exchange rate between two currencies is based on     _ __
• Demand for foreign exchange varies _ with the exchange rates.
• When demand for foreign exchange increases, the exchange rate _.
• Flexible exchange rate system, the exchange rate is determined by _