The forward exchange rate is the current spot rate adjusted for the interest rate differen
A.True
B.False
A.True
B.False
A.forward
B.present
C.backward
D.future
In forward exchange facilities, the bank may compensate itself______.
A.through the forward exchange market
B.by selling a lot of home currency
C.by balancing a forward purchase from one customer with a forward sale to another
D.both A and C
Exchange rate includes ___ and forward rate.
A.spot
B.occasional
C.immediate
D.flexible
A.low interest rate in A country will increase the spot exchange rate of the current
B.low interest rate in A country will increase the forward exchange rate of the currency
C.low interest rate in a country will lead to a decline in the spot foreign exchange rate
D.low interest rate in a country will lead to a rise in the forward foreign exchange rate
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