14-48 The decline in European FX volatility during the last decade has been offset in part by
A)the greater volatilities of Asian currencies.
B)a reduction in inflation rates in European countries.
C)the fixing of exchange rates among European countries.
D)the replacement of domestic currencies with the euro.
E)None of the above.

Question

Quizplus · Accepted Answer

The decline in European FX volatility has been offset by the greater volatilities of Asian currencies, as these markets have become more significant in global finance.

14-48 the Decline in European FX Volatility During the Last