Multiple Choice
Which of the following institutions is the most important participant in foreign currency markets?
A) A retail customer
B) A commercial bank
C) A foreign exchange broker
D) A central bank
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q3: Which currency is most commonly traded?
Q4: How does the growth in the daily
Q5: Soft pegs that are periodically adjusted are
Q6: The nominal interest rate in the U.S.is
Q7: The spot rate is the rate at
Q9: Suppose that the nominal exchange rate between
Q10: Draw the demand for and supply of
Q11: What are the differences and similarities between
Q12: The most important participants in foreign exchange
Q13: Explain the three rules that countries must