14-44 When Purchasing and Selling Foreign Currencies to Allow Customers

question 72

Multiple Choice

14-44 When purchasing and selling foreign currencies to allow customers to take positions in foreign real and financial investments,the FI

• A)acts defensively as a hedger.
• B)acts aggressively as a speculator.
• C)assumes the FX risk itself.
• D)acts as an agent.
• E)acts as a market maker.

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