Examveda
Examveda

Difference between buying and selling rates in an exchange rate or interest rate quotation is known as

A. Strike price

B. Spread

C. Swap points

D. Spot rate

Answer: Option B

Solution(By Examveda Team)

Difference between buying and selling rates in an exchange rate or interest rate quotation is known as Spread. The spread is the gap between the bid and the ask prices of a security or asset, like a stock, bond or commodity.

This Question Belongs to Management >> International Finance And Treasury

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