Examveda
Examveda

Which of the following is true of foreign exchange markets?

A. The futures market is mainly used by hedgers while the forward market is mainly used for speculating

B. The futures market and the forward market are mainly used for hedging

C. The futures market is mainly used by speculators while the forward market is mainly used for hedging

D. The futures market and the forward market are mainly used for speculating

Answer: Option C


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