A ________ transaction in the foreign exchange market requires an almost immediate delivery of foreign exchange.

Question

Quizplus · Accepted Answer

A spot transaction in the foreign exchange market requires the almost immediate delivery of foreign exchange. It refers to a transaction where two parties agree to buy and sell currencies at the current exchange rate and settle the transaction within two business days. It is the most common form of transaction in the foreign exchange market.

A ________ Transaction in the Foreign Exchange Market Requires an Almost