Dealers in Foreign Currency Do NOT

question 110

Multiple Choice

Dealers in foreign currency do NOT:

• A)need to hold amounts of foreign currency
• B)hold their FX reserves in foreign currency cash and shares
• C)make many deals each trading day
• D)calculate daily the net amount of FX they require in the future to settle their FX obligations
• E)hold high-quality securities denominated in foreign currencies.

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Definitions:

Safety Considerations

Factors taken into account to ensure the health and well-being of individuals or communities.

Chest Compressions

An emergency procedure involving the rhythmic pressing on the chest of a person who has suffered cardiac arrest, intended to maintain blood circulation.

Medication Error

A preventable event that may cause or lead to inappropriate medication use or harm to a patient.