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In a Direct FX Quote

Question 52

Multiple Choice

In a direct FX quote:


A) the price is expressed in terms of x units of the home currency per unit of the overseas currency.
B) the price is expressed in terms of one unit of the home currency per x units of the overseas currency.
C) the quote is officially listed on the RBA dealing screen.
D) the quote is given via a broker rather than a bank.

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