Multiple Choice
Which of the following about global FX markets is NOT correct?
A) Trading in FX is conducted using telephones and computer-based technological systems.
B) New York is the largest FX market.
C) The Bank for International Settlements estimates turnover in excess of USD 4000 billion.
D) A free float FX regime is one where the exchange rate moves according to the forces of supply and demand.
Correct Answer:
Verified
Correct Answer:
Verified
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