The "ask" refers to:
A)any form of money in general circulation in a country.
B)money of one country denominated in the currency of another country or a group of countries.
C)the price at which a bank or a financial services firm is willing to sell that currency.
D)the rate at which the market converts one currency into another.
E)the price at which a bank or a financial services firm is willing to buy a specific currency.

Question

Quizplus · Accepted Answer

The "ask" in financial terms refers to the price at which a seller (such as a bank or financial services firm) is willing to sell a particular asset, including currencies. It is one side of a quote, with the other being the "bid," which is the price a buyer is willing to pay.

The "Ask" Refers To