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The expectation that the value of a currency will not only increase, but in addition generate profit after its purchase or sale is called

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The expectation that the value of a currency will not only increase, but in addition generate profit after its purchase or sale is called Select one: a. currency speculation O b. currency hedging O c. currency arbitrage O d. currency conversion The most commonly quoted interest rate that the banks in London, England charge other banks that borrow Eurocurrencies around the wow is known as Select one: Oa. Spot rate O b. Cross rate O c. London Interbank Offer Rate (LIBOR) O d. London Interbank Bid Rate (LIBID)

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