The market where currencies may be bought and sold for delivery in a future period is known as

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Quizplus · Accepted Answer

The forward exchange market is a market where currencies may be bought and sold for delivery in a future period, typically 30, 60, or 90 days in advance. The spot exchange market, on the other hand, is a market where currencies are traded for immediate delivery. Options B, C, and D are not accurate descriptions of the foreign exchange market.

The Market Where Currencies May Be Bought and Sold for Delivery