A spot purchase of a currency coupled with simultaneous forward sale of the same currency is called:
The spot purchase of a currency coupled with a simultaneous forward sale of the same currency is commonly known as a "currency swap." A currency swap involves two parties exchanging a specified amount of one currency for an equivalent amount of another currency at the spot exchange rate. At the same time, the parties also enter into a forward contract to reverse the initial exchange at a predetermined future date and exchange rate. This allows both parties to fulfill their immediate currency needs while simultaneously mitigating future exchange rate risk. Currency swaps are commonly used by multinational corporations, financial institutions, and investors to manage foreign exchange exposures, hedge currency risks, and facilitate international trade and investments.
Select the combination of letter that when sequentially placed in the blanks of the given series will complete the series.
L _ G _ T L I _ H S...
What will come in place of question mark (?) in the following series?
DLN CKO BJQ ? ZHX...
If 11th of June falls on Friday, what would be the 30th day of that month?
Select the incorrect term in the alpha-numeric series:
X, Z, B, D, F, G
If the third digit of each number is increased by 1, then how many numbers end with a prime digit after the increment?
If R = 9 and RAT = 42, Then ' STAR ' = ?
Select the combination of the letters that when placed sequentially in the blanks of the given letter series will complete the series.
l _ _ m...
POST stands for ...........
XB22, VD18, TF14, RH10, ?
Documents converted to .......... can be published to the Web.