ICMA Exam FMFQ Topic 5 Question 72 Discussion

Actual exam question for ICMA's FMFQ exam

Question #: 72
Topic #: 5

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 Fannie at Nov 19, 2024, 03:56 AM

Limited Time Offer

25%

Off

Get Premium FMFQ Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Alyce

3 days ago

I think the answer is B) Cross rate.

upvoted 0 times

...