___________ is also known as reference rate.

Related MCQs

• Under Exchange rate system, there is no interference of monetary authorities to decide exchange rate.
• Bid rate is lesser than _____________ rate.
• Spot rate is also called as ________________
• GBP/ USD = 1.0376-90. In this case USD is also known as ___Currency
• ________ is also known as price quotation.
• _________ is also known as price Quantity Quote.
• ___________ is also known as Bid office spread.
• ____________ is also known as secrecy jurisdiction.
• The Exchange rate is the                          
• Under Exchange rate system, value of currency is decided by the market forces of demand and supply.