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    5. In case a foreign exchange quote is expressed in terms of home Currency Price for the one unit of fo

    Question

    In case a foreign exchange quote is expressed in terms

    of home Currency Price for the one unit of foreign currency, it is referred to as:
    A Indirect Quote Correct Answer Incorrect Answer
    B Direct Quote Correct Answer Incorrect Answer
    C Inverse Quote Correct Answer Incorrect Answer
    D Bid Quote Correct Answer Incorrect Answer
    E Ask Quote Correct Answer Incorrect Answer

    Solution

    Practice Next
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