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
A: some occasion
B: a particular day
C: a spot
D: a period
举一反三
- 7. If the expected future spot exchange rate value of the foreign currency decreases, with the interest rate differential unchanged, the current spot exchange rate value of the domestic currency:
- 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
- If the forward exchange rate, defined as the domestic currency price<br/>of the foreign currency, is smaller than the spot exchange rate,<br/>there is a ( ). A: forward premium on the foreign currency. B: forward discount on the foreign currency. C: shortage of dollars. D: surplus of dollars.
- The market price of one currency in terms of another currency is also known as A: the exchange rate between those currencies. B: the future rate between those currencies. C: the spot market. D: the value of arbitrage.
- The __________ exchange rate is the price for “immediate” currency exchange. A: Current B: Forward C: Future D: Spot