Indirect rate in foreign exchange means | Faculties

M

Mr. Dubey

🎓 Coach ⭐ 103.11K Points

📊 Banking and Finance 2

Q. Indirect rate in foreign exchange means

(A) The rate quoted with the units of home currency kept fixed.
(B) The rate quoted with units of foreign currency kept fixed.
(C) The rate quoted in terms of a third currency.
(D) None of the above.

💬 Discuss

✅ Correct Answer: (A) The rate quoted with the units of home currency kept fixed.

You must be Logged in to update hint/solution

💬 Discussion

📊 Question Analytics

👁️

248

Total Visits

📽️

3 y ago

Published

🎖️

Mr. Dubey

Publisher

📈

82%

Success Rate