Direct quote: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson m (Added 1 line space before see also) |
imported>Doug Williamson (Generalise, from USD only.) |
||
Line 1: | Line 1: | ||
A foreign exchange rate quotation where the | A foreign exchange rate quotation where the foreign currency amount is multiplied by the quoted rate, in order to calculate the domestic currency equivalent. | ||
Line 8: | Line 8: | ||
* [[USD]] | * [[USD]] | ||
[[Category:Manage_risks]] | |||
[[Category:Trade_finance]] | [[Category:Trade_finance]] | ||
Revision as of 20:33, 21 March 2015
A foreign exchange rate quotation where the foreign currency amount is multiplied by the quoted rate, in order to calculate the domestic currency equivalent.