Exchange rate between currency A and currency B, given the values of currencies A and B with respect to a third currency is known as

Related MCQs

• An economist will define the exchange rate between two currencies as the:
• Outright forward transactions involve the exchange of currency beyond three days at a fixed exchange rate, known as the:
• In a quote exchange rate, the currency that is to be purchase with another currency is called the
• ______________ involve the exchange of currency the second day after the date on which the two foreign exchange traders agree to the transaction.
• Difference between buying and selling rates in an exchange rate is known as
• The demand for domestic currency in the foreign exchange market is indicated by the following transactions in balance of payment
• A floating exchange rate
• The exchange rate is the
• The following statement with respect to culture is false
• A contract drafted under civil law differs from that drafted under common law in the following respect