Exchange rate between currency A and currency B, given the values of currencies A and B with respect to a third currency is known as
A) Golden standard
B) Flexible exchange rate
C) Fixed exchange rate
D) Cross exchange rate A
Correct Answer:
Verified
Q1: _ means using short-term forward contracts to
Q2: Which exchange rate theory focuses on the
Q3: The exchange rate prevailing at a financial
Q4: The bank account of a non-resident of
Q5: Funds that cannot be remitted from the
Q7: Agreement to exchange one currency for another
Q8: Long- term securities denominated in two currencies
Q9: Foreign exchange transactions involve monetary transactions
A)among residents
Q10: A foreign currency account maintained by a
Q11: Non-resident Bank Accounts' refer to
A)nostro account
B)vostro account
C)accounts
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