On Fixing Date, the Settlement Payment of an NDF Reflects

question 445

Multiple Choice

On fixing date, the settlement payment of an NDF reflects the differential between the agreed forward rate and:

• A) the fixing spot rate
• B) the daily high
• C) the days' average rate
• D) the average rate over the NDF period

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Definitions:

Environmental Stimuli

External factors or conditions that affect the behavior and processes of an organism.

Drives

Innate biological needs that motivate organisms to perform actions essential to their survival and reproduction.

Environmental Stimuli

External factors or conditions in the environment that can provoke a response from living organisms.

Incentives

Rewards or stimuli that motivate individuals to perform certain actions or behave in specific ways.