The forward rate is the same as the spot rate that will prevail in the future.
Correct Answer:
Verified
Q44: The foreign exchange market is similar in
Q45: Forward contracts are usually quoted for periods
Q46: Spot exchange markets are efficient due to
Q47: The asked rate is the price a
Q48: Arbitrage is the process of buying and
Q50: The major advantage of the forward market
Q51: The difference between the asked price and
Q52: The foreign exchange market provides a physical
Q53: Transactions carried out in the foreign exchange
Q54: When banks transact in foreign currencies, the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents