Solved

The Over-The-Counter Market-Based FX Instrument That Locks in an Exchange

Question 51

Multiple Choice

The over-the-counter market-based FX instrument that locks in an exchange rate on a currency pair that will apply at specified future date is:


A) futures contracts.
B) options on foreign currency.
C) forward exchange contracts.
D) currency swaps.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions