Multiple Choice
What is the name of the foreign bank account that a trader maintains in a foreign bank and from which they would request transfer of currency to the account of another trader with whom they have concluded a transaction?
A) nostro account
B) short sale account
C) settlement account
D) interbank account
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: Suppose the spot direct quotes for the
Q10: Hedgers,mostly _,engage in forward contracts on the
Q11: Suppose it is January 1980 and the
Q12: The spot and 30-day forward rates for
Q13: When an importer goes long in the
Q15: A _ between a bank and a
Q16: If the direct price of the dollar
Q17: Trading on the foreign exchange market is<br>A)located
Q18: Suppose the Brazilian Real is quoted at
Q19: If the direct price of the dollar