ICMA Exam FMFC Topic 2 Question 1 Discussion

Actual exam question for ICMA's Financial Markets Foundation Course exam

Question #: 1
Topic #: 2

[All Financial Markets Foundation Course Questions]

You have asked a bank to give you a rate at which you can sell SEK (Sweish Krone) and buy NOK (Norwegian Krone) for delivery in two days. What is the name of this sort of FX rate?

AQuote rate

BCross rate

CForward rate

DDual rate

Show Suggested Answer

Suggested Answer: B

by Yoko at May 09, 2022, 10:24 AM

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