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Management · Q867

International Finance and Treasury

Graduate and Post Graduate · Management · question 867

Q867

Which of the following statement is correct? Statement I In currency quotation, the first currency is the base Currency and the second currency is known as the quoted currency. Statement II A currency pair is generally represented by using a hyphen or an oblique.

A.
Both statements are correct
Answer
B.
Both statements are incorrect
C.
Statement I is correct, but Statement II is incorrect
D.
Statement II is correct, but Statement I is incorrect

Answer: Option A

Solution

Answer: Option A
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