• 2022-07-28
    中国大学MOOC: The buying rate is the selling rate..
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      中国大学MOOC: The forward rate is the exchange rate used for immediate exchange of currencies.

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      中国大学MOOC: Profitability is the rate of _________________.

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      Cash buying rate which quoted by banks is usually ______ than buying rate.

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      中国大学MOOC: Forward rate agreements hedge risk by fixing the interest rate on future borrowing

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      In order to maintain exchange rate stability, central banks often intervene in the foreign exchange market by buying and selling foreign exchange. When the local currency exchange rate (), they sell foreign exchange and withdraw local currency. A: depreciates B: appreciates C: is fixed D: none of the above