When Banks Transact in Foreign Currencies, the Direct Bid Quote

question 65

True/False

When banks transact in foreign currencies, the direct bid quote is greater than the direct asked quote.

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Definitions:

Orthostatic Hypotension

A situation in which blood pressure becomes low and the pulse increases when a patient is moved from a lying to standing position; also known as postural hypotension.

Vital Signs

Basic physiological measurements of the body's main functions which include temperature, pulse, respiration rate, and blood pressure.

Orthostatic Hypotension

A form of low blood pressure that happens when standing up from sitting or lying down, causing dizziness or lightheadedness.

Positive Test

A test result indicating the presence of the disease, condition, or substance being tested for.