In what way do banks act as "market - makers" in foreign exchange markets
A: By buying foreign currencies.
B: By quoting exchange rates to customers.
C: By avoiding the risks of the market.
D: Both A and B
A: By buying foreign currencies.
B: By quoting exchange rates to customers.
C: By avoiding the risks of the market.
D: Both A and B
举一反三
- Foreign exchange risks assumed by foreign exchange banks mainly refer to ( ) A: transaction settlement risks B: foreign exchange trading risks C: accounting risks D: operating risks
- In order to maintain exchange rate stability, central banks often intervene in the foreign exchange market by buying and selling foreign exchange. When the local currency exchange rate (), they sell foreign exchange and withdraw local currency. A: depreciates B: appreciates C: is fixed D: none of the above
- People are only able to exchange currencies in foreign exchange market.
- The AA schedule shows________. ( ) A: Exchange rate and output pairs at which only the foreign exchange market is in equilibrium. B: Interest rate and output pairs at which only the foreign exchange market is in equilibrium. C: Interest rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium. D: Exchange rate and output pairs at which the foreign exchange market and the domestic money market are in equilibrium.
- The foreign exchange market _________