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    Foundations of Multinational Financial Management
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    Exam 6: The Foreign Exchange Market
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    Risk That a Central Bank Will Not Make the Necessary
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Risk That a Central Bank Will Not Make the Necessary

Question 2

Question 2

Multiple Choice

Risk that a central bank will not make the necessary transfer of foreign currency to complete a currency settlement is known as ________ risk.


A) exchange rate
B) Herstatt
C) Interest-rate
D) settlement

Correct Answer:

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