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ICMA Exam FMFQ Topic 3 Question 56 Discussion

Actual exam question for ICMA's Financial Markets Foundation Qualification exam
Question #: 56
Topic #: 3
[All Financial Markets Foundation Qualification Questions]

Which of the following currencies uses an Act/365 day-count in its money market transactions?

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Suggested Answer: D

by Ernest at May 07, 2024, 10:18 AM

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Jacob
4 months ago
Okay, sounds good. I'll go with GBP too then.
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Christene
4 months ago
I feel confident it's GBP. Remember reading it’s different from the rest.
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Helene
4 months ago
This question is tricky. I don’t remember reading about Act/365 recently.
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Jacob
5 months ago
Really? I was leaning towards EUR, though.
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Pok
5 months ago
I think it's GBP. Pretty sure it’s the one.
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Helene
5 months ago
So, anyone knows which currency uses Act/365 in money market?
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