Q. What is the term used to describe the relative value of one currency against another in foreign exchange trading?

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Q. What is the date on which foreign exchange transactions take place called?

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Q. What are the countries where foreign exchange trading occurs referred to as?

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Q. What is the term used for banks located in countries different from the settlement locations but involved in foreign exchange transactions?

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Q. What is a Spot Transaction in the context of the Foreign Exchange Market?

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Q. In a Spot Transaction, what is the settlement date for currencies like the US dollar, Canadian Dollar, or Russian Ruble?

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Q. What is the purpose of the two-day time lag in a Spot Transaction settlement date?

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Q. How is the settlement date determined in a Forward Transaction of currencies?

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Q. What happens if the value date or settlement date of a Forward Transaction falls on a holiday?

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Q. How do banks handle maturity periods in non-whole number months for Forward Transactions?

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Q. What is a Swap Transaction in the context of the Foreign Exchange Market?

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Q. What is the hybrid nature of a Swap Transaction?

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Q. What are the two types of Swap Transactions?

i. Spot-Forward transaction
ii. Forward-Forward transaction
iii. Spot-Swap transaction
iv. Swap-Swap transaction

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Q. What percentage of transactions in the foreign exchange market are Swap Transactions according to the recent study?

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Q. What is an Exchange Rate Quotation in the context of the Foreign Exchange Market?

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Q. What is a Direct Quotation in the context of Exchange Rate?

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Q. What is the main characteristic of a Direct Quote?

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Q. What is an Indirect Quotation in the context of Exchange Rate?

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Q. How are Direct and Indirect Quotes related to each other?

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Q. What is the Bid in the context of Foreign Exchange Quotes?

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