----------- is a foreign currency denominated instrument tradeable on stock exchange in countries other than USA.

Question

Quizplus · Accepted Answer

GDRs (Global Depository Receipts) are financial instruments issued by banks that represent shares in foreign companies, but are traded on local stock exchanges outside the company's home country, and often denominated in foreign currencies. Unlike ADRs (American Depository Receipts) which are traded in the U.S., GDRs allow companies to access investors in multiple countries outside the USA.

----------- Is a Foreign Currency Denominated Instrument Tradeable on Stock