The bank is using the selling rate of USD that means the bank plays the role as a seller of U、S、dollars at this moment、
举一反三
- 4.2 Which bank plays the role of accepting the commission of remitting bank to present the bill of exchange and collect the payment?
- A bank has a great reputation means it must has a high interest rate、
- In _________, the buyer’s bank undertakes to pay the seller when the terms and conditions have been met.
- The People's Bank of China has A: allowed a flexible exchange rate to boost exports. B: managed its exchange rate to help control inflation. C: strictly followed a fixed exchange rate to boost exports. D: purchased U.S. dollars to appreciate the yuan.
- The bank’s obligations under the L/C are independent from the buyer’s and seller’s obligations under the contract for the sale of goods.