Which of the following is NOT a function of the interbank part of the foreign exchange market?
A) Provides a bank with a continuous stream of information on conditions in the foreign exchange market
B) Provides a bank the means to readjust its own position quickly and at low cost when it separately conducts a large trade with a customer
C) Permits a bank to take on a position in a foreign currency quickly if the bank and its traders want to speculate on exchange-rate movements in the near future
D) Provides clearing services for organizations that prefer to use different currencies
Correct Answer:
Verified
Q2: Rapid increases in the U.S. exports of
Q3: An increase in the U.S. imports of
Q4: An increase in the dollar per euro
Q5: An increase in capital inflows in the
Q6: The exchange rate set for an immediate
Q7: The retail part of the foreign exchange
Q8: In a floating exchange rate system, the
Q9: Which of the following refers to foreign
Q10: The 2004-2014 rapid growth in global foreign
Q11: Interbank trading is conducted directly between _
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