Currency Trading Lacks Profitability for Large Commercial and Investment Banks

question 17

True/False

Currency trading lacks profitability for large commercial and investment banks but is maintained as a service for corporate and institutional customers.

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Definitions:

Day Care

A service that provides care for children during the day, especially while parents are at work.

Elderly Family Members

Refers to older relatives, often parents or grandparents, who may require support and care due to age-related issues.

Credibility

The quality of being trusted and believed in, often based on a reputation for honesty and integrity.

Competence

The ability to do something successfully or efficiently, often acquired through experience and training.