The transaction in which the exchange of currencies takes place at a specified future date, subsequent to the spot date is known as a

Related MCQs

• A transaction in which the currencies to be exchanged the next day of the transaction is known as
• Which exchange rate measures the average relative strength of a given currency with respect to other currencies without eliminating the effect of change in price?
• Which function of foreign exchange market protects against the foreign exchange risk?
• To control inflation and tackle the problem of exchange liquidity due to foreign exchange inflows, the RBI
• Devaluation which means fall in value of domestic currency in terms of foreign currency takes place in
• When one country manipulates exchange rate against the interest of other country, is known as
• Flexible Exchange Rate System is also known as:
• In which of the following items raises the supply of foreign exchange ?
• The exchange rate at which demand for foreign currency becomes equal to its supply, is called
• The custodian of India’s foreign exchange reserve is