Purchasers of Currency Futures Contracts Are Required to Hold the Contract

question 65

True/False

Purchasers of currency futures contracts are required to hold the contract until the settlement date and accept delivery of the foreign currency at that time.

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Definitions:

Conjunctivitis

An inflammation or infection of the outer membrane of the eyeball and the inner eyelid, also known as pink eye.

Chalazion

A benign, painless bump or nodule inside the upper or lower eyelid caused by inflammation of a meibomian gland.

Pinkeye

A common term for conjunctivitis, an inflammation or infection of the outer membrane of the eyeball and the inner eyelid.

Exotropia

A type of strabismus characterized by one or both eyes deviating outward, away from the nose.