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Which of the following statement is CORRECT? Group of answer choices Most foreign exchange transactions are for interbank trades between international banks or nonbank dealers.
Which of the following statement is CORRECT? Group of answer choices Most foreign exchange transactions are for interbank trades between international banks or nonbank dealers. The United States has the largest share of global foreign exchange trades. When you hear on the news that Euro-Pound is going down, Pound is getting weaker. Brokers make money by earnings the bid-ask spread. When a currency trades at a discount in the forward market, the forward rate is more than the spot rate.
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