Multiple Choice
The maxim 'buy low; sell high' is applicable for
A) Quotation of Pound-Sterling.
B) Indirect rates.
C) Direct rates.
D) USDOLLARS.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q11: Banks permitted to run option book is
Q12: The effect of speculation on exchange rate
Q13: For contingency exposure of foreign exchange, the
Q14: The forward US dollar is quoted at
Q15: Indirect rate in foreign exchange means<br>A)The rate
Q17: Maintaining a foreign currency account is helpful
Q18: According to International Fisher Effect<br>A)Forward Premium for
Q19: Cash and carry arbitrage explains the determination
Q20: India's foreign exchange rate system is?<br>A)Free float<br>B)Managed
Q21: A feature of currency option that distinguishes