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Nostrana [21]
2 years ago
9

If a foreign currency is quoted in american terms (the direct quote) and the forward rate for a foreign currency is less than th

e spot rate, the foreign currency is selling at a ________
Social Studies
1 answer:
aniked [119]2 years ago
5 0

A direct quote is a foreign exchange rate quoted as the domestic currency per unit of the foreign currency.

<h3>What is foreign exchange?</h3>

The foreign exchange market is a global decentralized or over-the-counter market where currencies are traded. This market sets the exchange rates for all currencies. It encompasses all aspects of purchasing, selling, and exchanging currencies at current or fixed prices.

Forex is a global marketplace where you may exchange one currency for another. Central banks are also participating in the forex market, buying and selling currencies in order to raise or lower the value of their own currency. The forex markets provide investors with liquidity and trading 24 hours a day, seven days a week – but they are extremely volatile.

To know more about foreign exchange follow the link:

brainly.com/question/1511496

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Hieroglyphic script on public and religious monuments was
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Hieroglyphic script on public and religious monuments was the characters were pictures carved in stone.

The Greeks labeled as hieroglyphic the script found on temple walls and public monuments in Egypt, in which the characters were pictures carved in stone.

The first hieroglyphics were primarily used by priests to record important events such as wars or stories about their many gods and Pharaohs, and they were typically used to decorate temples and tombs. The ancient Egyptians are thought to have invented the hieroglyphic writing system around 3000 BC.

Because hieroglyphic signs depicted images of living beings or inanimate objects, they were closely related to the fine arts.

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Why aren’t size and mass considered physical properties of matter
kifflom [539]

Answer:

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