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    Exam 15: Foreign Exchange: The Structure and Operation of the Fx Market
  5. Question
    When an FX Dealer Calculates a Forward Exchange Rate for NZD/JPY
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When an FX Dealer Calculates a Forward Exchange Rate for NZD/JPY

Question 91

Question 91

True/False

When an FX dealer calculates a forward exchange rate for NZD/JPY they must adjust both interest rates to allow for the different quotation rates between Japan and New Zealand.

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