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Management · Q855

International Finance and Treasury

Graduate and Post Graduate · Management · question 855

Q855

Bid-ask spread in foreign exchange market is the

A.
price of currency in foreign exchange market
B.
difference between bid and ask quotes for a currency
Answer
C.
price at which a bank will buy a currency
D.
price a bank will pay for a currency

Answer: Option B

Solution

Answer: Option B
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