________ refers to buying and selling currencies to be delivered at a future date.
A) The currency swap market
B) The forward market
C) The default swap market
D) The options market

Question

Quizplus · Accepted Answer

The forward market refers to buying and selling currencies to be delivered at a future date, typically within a period of up to one year. This is different from the spot market, where currencies are exchanged immediately at the current market rate. The forward market allows businesses to hedge against currency fluctuations and manage their foreign exchange risk.

________ Refers to Buying and Selling Currencies to Be Delivered