The price at which a market maker is prepared to sell a currency or lend money
A. forward rate
B. sport rate
C. bid rate
D. offer rate
Answer: Option D
Solution(By Examveda Team)
The price at which a market maker is prepared to sell a currency or lend money is offer rate. The offer price is the rate at which the market maker will sell the base currency to a customer/market user.This Question Belongs to Management >> International Finance And Treasury
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