For Spot Transactions,the FX Contract Value Date Is

question 59

Multiple Choice

For spot transactions,the FX contract value date is:

• A) that day.
• B) one business day from the day of the transaction.
• C) two business days from the day of the transaction.
• D) three business days from the day of the transaction.

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Definitions:

Price Increase

A rise in the cost of goods or services, which may reduce consumer purchasing power and lead to decreased demand.

Cartels

Groups of independent market participants who collude to control prices and output in a market, often to maximize joint profits.

Antitrust Laws

Regulations that promote competition by prohibiting monopolies, monopolistic practices, and other unfair business tactics that reduce consumer choice.

Price Leadership

A market strategy where a leading firm sets prices that other firms in the market follow.