Bid rate is lesser than _____________ rate.

Related MCQs

• In Holgate’s principle, if Bid > Ask, Swap points of forward rate are to be
• Holgate principle, if bid > Ask, Swap points for forward rate are to be_________
• ___________ is also known as Bid office spread.
• Under Exchange rate system, there is no interference of monetary authorities to decide exchange rate.
• As per FEMA, no person, other than ________ would enter in any transactions of the foreign currency.
• The Exchange rate is the                          
• Under Exchange rate system, value of currency is decided by the market forces of demand and supply.
• If spot USD/INR is 50, and six months forward rate is 51 then AFM is            
•                Theory states that the exchange rate between currencies of two countries should be equal to the ratio of the countries price levels.
• Spot USD/INR is 60.5600/60.5700 and one month SWAP points are 600/700 then outright forward rate will be .