Question: The implicit exchange rate between two currencies when both are quoted in some third currency is called a: Question 1 Answer a . forward rate.

The implicit exchange rate between two currencies when both are quoted in some third currency is called a:
Question 1Answer
a.
forward rate.
b.
interest rate.
c.
backward rate.
d.
open exchange rate.
e.
cross-rate.
Clear my choice

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