kieramacphee7090 kieramacphee7090

28-05-2024
Business

Answered

Sometimes, the rate of exchange of one currency in terms of another may differ significantly in two countries or markets for a brief moment. The process of buying the currency where it is low and selling it where it is high for a profit is what is known as
a. Arbitrage
b. Direct quote.
c. Forward premium.
d. Forward discount

Answer :

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