The exchange rate prevailing at a financial reporting date
A. Closing exchange rate
B. Opening exchange rate
C. Fixed exchange rate
D. Fluctuating exchange rate
Answer: Option A
Solution(By Examveda Team)
Closing exchange rate is the rate prevailing at a financial reporting date. It is the exchange rate for two currencies at the end of a period of time, such as a trading day or month.This Question Belongs to Management >> International Finance And Treasury
Related Questions on International Finance and Treasury
A. The British Pound
B. The Japanese Yen
C. The Spanish Peso
D. The US Dollar
Not a profit maximizing business is
A. International Monetary Fund
B. International bank for Reconstruction and Development
C. International Financial Corporation
D. World Trade Organisation
A. Merchandise Payment
B. Service Payment
C. Factory Income
D. Transfer payment
Nations that have major economic expansion attract
A. Imports
B. Direct Foreign Investment
C. Exports
D. Privatization
Join The Discussion