abhishreshthaa
Abhijeet S
Important Terms
Two Way Quote
Bid Rate
Rate at which the trader will buy the currency
Ask Rate
Rate at which the trader will sell the currency
Methods of Quoting
- Devaluation
- Revaluation
- Depreciation
- Appreciation
Two Way Quote
Bid Rate
Rate at which the trader will buy the currency
Ask Rate
Rate at which the trader will sell the currency
Methods of Quoting
- Direct Quotes
- 1 USD = 48.30 INR
- Indirect Quotes
- 2.3 USD = 100 INR
- Cross Quotes