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This question belongs to Management International Finance And Treasury

International Finance and Treasury

?

When a direct quote of the home currency or any other currency is not available in the forex market, it is computed with the help of exchange quotes of others pairs of currencies, is referred to by which one of the following?

A) Cross rate B) Arbitrage rate C) Transaction rate D) Translation rate

Answer & Solution

Correct Answer: Option A

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Question posted by Examveda

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