FX dealers hold their reserves of foreign currency in low risk securities.
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Q12: An increase in an exchange rate indicates
Q13: Expectations about future spot exchange rates do
Q14: A one-month forward contract is settled one
Q15: The term 'cross rates' has a range
Q16: A floating exchange rate means the FX
Q18: Dealers quote forward rates as 'points' representing
Q19: FX dealers hold their inventories of foreign
Q20: The NZD is quoted as a direct
Q21: Most forward contracts are established as part
Q22: When the interest rate for the commodity
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