_________ deal in currencies to benefit from movements in currency exchange markets.

Related MCQs

• __________ is a standardized contract to exchange one currency for another at a special date in the future at a price (exchange rate) that is fixed on the purchase date.
• In Spot market, exchange of currencies take place on basis.
•                Theory states that the exchange rate between currencies of two countries should be equal to the ratio of the countries price levels.
• In Spot market, exchange of currencies take place on ___________
• _________ theory states that the exchange rate between currencies of two countries should be equal to the ratio of the countries price levels.
• ________ theory states that exchange rate between two currencies is directly affected by their interest rates.
• RBI has granted license to certain established firms, hotels and other organizations permitting them to deal in foreign currency notes, coins and travelers’ cheques. They are termed as ___________
• Price of _________-- currency in terms of national currency.
•                can authorize a person/company to deal in foreign exchange.
• ____________ can authorize a person / company to deal in foreign exchange.