Direct quote: Difference between revisions

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imported>Doug Williamson
m (Added 1 line space before see also)
imported>Doug Williamson
(Generalise, from USD only.)
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A foreign exchange rate quotation where the USD is the quoted currency.
A foreign exchange rate quotation where the foreign currency amount is multiplied by the quoted rate, in order to calculate the domestic currency equivalent.  




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* [[USD]]
* [[USD]]


[[Category:Manage_risks]]
[[Category:Trade_finance]]
[[Category:Trade_finance]]
[[Category:Manage_risks]]

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.


See also