What is meant by the statement that foreign exchange quotations may be given in terms of sight

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What is meant by the statement that foreign exchange quotations may be given in terms of sight drafts, cable orders, and time drafts?

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Introduction to Finance Markets Investments and Financial Management

ISBN: 978-1118492673

15th edition

Authors: Melicher Ronald, Norton Edgar

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Question Posted: Mar 27, 2015 12:08 PM

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What is meant by the statement that foreign exchange quotations may be given in terms of sight

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The cable order costs more than a bankers sight draft because ...View the full answer

Introduction to Finance Markets Investments and Financial Management

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