What Is the Name of the Rate Currency Traders Quote

question 2

Multiple Choice

What is the name of the rate currency traders quote in the interbank market to sell foreign currencies?

• A) bid-ask spread
• B) bid rate
• C) cross rate
• D) ask rate

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Definitions:

Union Declaration

A statement in C/C++ programming that defines a union, which can store different data types in the same memory location at different times.

Structure Declaration

A statement in programming that defines a new data type consisting of a collection of variables under a single name.

Second Variable

A variable declared or used after the first in a program or function, often for storing or manipulating additional data.

Data Field

A specific piece of data, typically a part of a larger data structure like a record or object, representing a characteristic or attribute.