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Author Question: While designating an exchange rate, the ________ is always the denominator. A) counter currency ... (Read 22 times)

saliriagwu

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on: Jul 7, 2018
While designating an exchange rate, the ________ is always the denominator.
 
  A) counter currency
  B) base currency
  C) cross currency
  D) quoted currency

Question 2

The exchange rate at which two parties agree to exchange currencies on a specified future date is called a ________ rate.
 
  A) forward
  B) prime
  C) spot
  D) cross


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succesfull

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Reply #1 on: Jul 7, 2018
Answer to Question 1

B

Answer to Question 2

A


saliriagwu

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Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it

tkempin

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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