is a standardized contract to exchange one currency for another at a

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.
• Price of _________-- currency in terms of national currency.
• Under Exchange rate system, value of currency is decided by the market forces of demand and supply.
• When a company has receipts & payments in the same foreign currency due at the same time, it can use technique of managing foreign exchange risk.
• _________ deal in currencies to benefit from movements in currency exchange markets.
• In the foreign exchange market, the _______________ of one country is traded for the ________________of another country.
• Under Exchange rate system, there is no interference of monetary authorities to decide exchange rate.
• An account which is held within a domestic country by a foreign bank, in a currency of domestic country is known as account
•          is the smallest unit by which a currency quotation can change.
• Foreign currency forward market is