A Common Type of Swap Transaction in the Foreign Exchange

question 25

Multiple Choice

A common type of swap transaction in the foreign exchange market is the ________ where the dealer buys the currency in the spot market and sells the same amount back to the same bank in the forward market.

• A) "forward against spot"
• B) "forspot"
• C) "repurchase agreement"
• D) "spot against forward"

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Definitions:

Patient's Chart

A medical record containing a comprehensive history of a patient's medical information and treatment.

Human Resources

A department within organizations that focuses on employee recruitment, management, and provides guidance for people who work in an organization.

Personnel Management

The administrative discipline of hiring and developing employees so that they become more valuable to the organization.

Medical Group

An organized group of medical professionals who practice medicine together and share facilities and administrative supports.