Question
It is characteristic of foreign exchange dealers to: bring buyers and sellers of currencies together but never to buy and hold an inventory of currency
- It is characteristic of foreign exchange dealers to:
bring buyers and sellers of currencies together but never to buy and hold an inventory of currency for resale
act as market makers, willing to buy and sell the currencies in which they specialize.
trade only with clients in the retail market and never operate in the wholesale market for foreign exchange
All of the above are characteristics of foreign exchange dealers
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International financial management
Authors: Jeff Madura
12th edition
1133947832, 978-1305195011, 978-1133947837
