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In conversation, interbank foreign exchange traders use a shorthand abbreviation in expressing spot currency quotations. Consider a $/ bid-ask quote of $1.2519-$1.2523. The big figure
In conversation, interbank foreign exchange traders use a shorthand abbreviation in expressing spot currency quotations. Consider a $/ bid-ask quote of $1.2519-$1.2523. The "big figure" of the bid is __________, and the small figure of the ask is __________.
a) .25, .0023
b) 25, 19
c) 1.25, 23
d) 1.25, 19
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