Question
What is the name of the market where traders buy and
sell stocks for immediate delivery?Solution
· Spot market - is an example of an exchange where traders buy and sell stocks for immediate delivery. · The Reserve Bank of India (RBI) sold $20 billion in March on a net basis in the spot markets — the highest ever in a month. · In March, the rupee fell to an all-time low on March 7, as it approached the 77/$ mark — a level the RBI made an effort to protect.
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