In the foreign exchange market, a 'contract date' is:
A) the expiry date of a forward contract
B) the date on which a futures contract is traded
C) the date on which two banks start a currency swap
D) the date on which a foreign exchange transaction is concluded at the exchange rate prevailing at the time
Correct Answer:
Verified
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Q17: An 'exotic' currency is a currency:
A) which
Q18: The substantial growth in the daily turnover
Q19: A foreign exchange transaction consists of the
Q20: In the interbank foreign exchange market, the
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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
Q26: In 2002, the AUD/USD exchange rate fell
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