Forward exchange rates are normally quoted for value date of

Question

Quizplus · Accepted Answer

Forward exchange rates are typically quoted for various time periods, usually ranging from one to twelve months. This allows for hedging and managing currency risk over a specific time frame. Therefore, option B is the correct choice. Options A and C are incorrect because they provide specific value dates of two days and two years respectively, which are not typically quoted. Option D is incorrect because forward exchange rates do have specific maturity dates.

Forward Exchange Rates Are Normally Quoted for Value Date of