Multiple Choice
From the viewpoint of a British investor, which of the following would be a direct quote in the foreign exchange market?
A) SF2.40/£
B) $1.50/£
C) £0.55/€
D) $0.90/€
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q26: When the cross rate for currencies offered
Q27: A _ transaction in the interbank market
Q28: A German firm is attempting to determine
Q29: NDFs are traded and settled inside the
Q30: Nondeliverable Forwards were originally envisioned as a
Q32: Daily trading volume in the foreign exchange
Q33: Foreign exchange markets are a relatively recent
Q34: In the foreign exchange market, _ seek
Q35: The four currencies that constitute about 80%
Q36: The primary motive of foreign exchange activities