Foreign exchange is a means of payment in foreign currency.
举一反三
- 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.
- 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
- A common method for preventing foreign exchange risks is ( ) A: the foreign exchange risk management strategy B: currency preservation clauses C: the method of currency selection D: the method of foreign exchange transactions
- A currency depreciation on the foreign exchange market will ______、
- The foreign exchange rate is the price of A: capital B: products C: foreign currency D: investment