Examlex
Which of the following is a benefit of a solid MIS infrastructure?
Currency Swap
A financial derivative product that allows two parties to exchange principal and interest in different currencies, used to hedge currency risk or obtain financing in foreign currency.
Forward Contract Payable
A financial instrument obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and price.
Spot Rate
The present cost at which a specific currency is available for purchase or sale, with immediate transfer.
Swiss Francs (CHF)
The currency of Switzerland, known for its strength and stability in the financial market.
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