The four currencies that constitute about 80% of all foreign exchange trading are:
A) U.K pound, Chinese yuan, euro, and Japanese yen.
B) U.S. dollar, euro, Chinese yuan, and U.K. pound.
C) U.S. dollar, Japanese yen, euro, and U.K. pound.
D) U.S. dollar, U.K. pound, yen, and Chinese yuan.

Question

Quizplus · Accepted Answer

The U.S. dollar, Japanese yen, euro, and U.K. pound are the four currencies that make up about 80% of all foreign exchange trading. The Chinese yuan is growing in popularity but is still not among the top four. Therefore, both choices A and B are incorrect. Choice D is incorrect as it does not include the euro, which is a significant currency in foreign exchange trading.

The Four Currencies That Constitute About 80% of All Foreign