Multiple Choice
In order of importance, the following were the major foreign exchange counterparties in 2007.
A) Reserve Banks; Financial Institutions; and Others
B) Reserve Banks; Interbank; and Others
C) Financial Institutions; Interbank; and Others
D) Interbank; Financial Institutions; and Others
Correct Answer:

Verified
Correct Answer:
Verified
Q2: The U.S. dollar is the most heavily
Q3: Central banks buy and sell currencies on
Q4: The average daily turnover in the foreign
Q5: In 2002, the EUR/AUD exchange rate fell
Q6: The term 'foreign exchange' means:<br>A) foreign reserves
Q8: In the interbank foreign exchange market, the
Q9: Which of the following is not a
Q10: In the foreign exchange market, market makers:<br>A)
Q11: Which of the following is not a
Q12: Exporters participate in the foreign exchange market