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    Financial Institutions Management Study Set 2
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    Exam 13: Foreign Exchange Risk
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    The Reserve Currency, the US Dollar, Was the Dominant Vehicle
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The Reserve Currency, the US Dollar, Was the Dominant Vehicle

Question 71

Question 71

True/False

The reserve currency, the US dollar, was the dominant vehicle currency being on one side of all FX trades in 87% of cases in April 2013, and the euro was second being involved in 33% of trades.

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