In the interbank foreign exchange market, the term 'immediate delivery' implies that the delivery of currencies takes place:
A) immediately after the conclusion of the transaction
B) one business day after the conclusion of the transaction
C) two business days after the conclusion of the transaction
D) by the end of the same business day
Correct Answer:
Verified
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A) which
Q18: The substantial growth in the daily turnover
Q19: A foreign exchange transaction consists of the
Q21: In the foreign exchange market, a 'contract
Q22: If the exchange rate between the Australian
Q23: If the exchange rate between the Australian
Q24: If the exchange rate between the Australian
Q25: You are given the exchange rate AUD/USD
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