Question: The term Direct Quote, which is used in reference to the listing of exchange rates, means: Group of answer choices The number of foreign currency

The term Direct Quote, which is used in reference to the listing of exchange rates, means:

Group of answer choices

The number of foreign currency units exchanged for one unit of the domestic currency

The number of domestic (home) currency units that can be exchanged for one unit of the foreign currency.

The simultaneous purchase and sale of F.X. for two different value dates for the same counterparty

All of the above

None of the above

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