Which of the following is most likely to provide currency forward contracts to their customers?

Question

Quizplus · Accepted Answer

Commercial banks are most likely to provide currency forward contracts to their customers as they have specialized departments for foreign exchange services and have the experience and expertise in dealing with currency risks. International mutual funds, brokerage firms, and insurance companies may also use currency forward contracts, but it is not their primary business activity.

Which of the Following Is Most Likely to Provide Currency