In a Direct FX Quote

question 52

Multiple Choice

In a direct FX quote:

• A) the price is expressed in terms of x units of the home currency per unit of the overseas currency.
• B) the price is expressed in terms of one unit of the home currency per x units of the overseas currency.
• C) the quote is officially listed on the RBA dealing screen.
• D) the quote is given via a broker rather than a bank.

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Definitions:

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Prototype

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