You visited the foreign exchange trading room of a major bank when a trader asked for quotes

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You visited the foreign exchange trading room of a major bank when a trader asked for quotes of the euro from various correspondents and heard the following:
Bank A 1.1210-15
Bank B 12-17
What do these quotes mean?

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Global Investments

ISBN: 978-0321527707

6th edition

Authors: Bruno Solnik, Dennis McLeavey

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Question Posted: Mar 25, 2016 06:43 AM

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You visited the foreign exchange trading room of a major bank when a trader asked for quotes

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These quotations mean that Bank A is willing to buy on...View the full answer

Global Investments

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