The __________ exchange rate is the price for “immediate” currency exchange.
A: Current
B: Forward
C: Future
D: Spot
A: Current
B: Forward
C: Future
D: Spot
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:
- 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.
- When two parties agree to exchange currency and execute the deal at some specific time in the future, a _____ occurs. （ ） A: forward exchange B: hedging C: currency swap D: spot exchange
- The exchange rate set for an immediate trade is often referred to as<br/>a __. A: managed exchange rate. B: pegged exchange rate. C: forward exchange rate. D: spot exchange rate.
- Exchange rate includes ___ and forward rate. A: spot B: occasional C: immediate D: flexible