question archive The of triangular arbitrage ensures that: Select one: O a
The of triangular arbitrage ensures that: Select one: O a
Subject:FinancePrice:1.87 Bought7
The of triangular arbitrage ensures that: Select one:
O a. quoted exchange rates are similar across banks at different locations
O b. cross exchange rates are properly set
O c. forward exchange rates are properly set
O d. None of these
O e. The foreign currency will appreciate or depreciate against the home currency
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Answer:
option (E)...... Because the traingular arbitage is a form of profit making by currency traders in
which they take advantage of exchange rate discrepancies through algorthmtic traders. To ensure profits such traders should be performed quickely and should be in size
