A spot transaction occurs when one currency is:
a.deposited in a foreign bank.
b.immediately exchanged for another currency.
c.exchanged for another currency at a specified price.
d.traded for another at an agreed-upon future price.
a.deposited in a foreign bank.
b.immediately exchanged for another currency.
c.exchanged for another currency at a specified price.
d.traded for another at an agreed-upon future price.
No comments:
Post a Comment
Note: only a member of this blog may post a comment.