The principal
functionof foreign exchange markets isthe transfer of funds
orpurchasing power from one nation and currency to another. ()
functionof foreign exchange markets isthe transfer of funds
orpurchasing power from one nation and currency to another. ()
举一反三
- The<br/>immediate (two-day) exchange of one currency for another is a A: forward<br/>transaction. B: spot<br/>transaction. C: money<br/>transaction. D: exchange<br/>transaction
- Exchange rates are the prices of buying，selling or converting money from one currency to another.（ ）
- If a nation’s currency doubles in value on foreign exchange markets, the currency is said to _________,reflecting a change in the _________ exchange rate. A: appreciate, nominal B: appreciate, real C: depreciate, nominall D: depreciate, rea
- Spot exchange rate is the exchange rate at which a foreign exchange dealer will convert one currency into another currency on _________________. A: some occasion B: a particular day C: a spot D: a period
- The price of one country's currency in units of another currency or commodity is the ________. A: foreign interest rate B: foreign currency exchange rate C: par value D: international rate