ACI
3I0-012 · Question #7
If EUR/USD is quoted to you as 1.3050-53, does this price represent?
The correct answer is B. The number of USD per EUR. See the full explanation below for the reasoning.
Question
If EUR/USD is quoted to you as 1.3050-53, does this price represent?
Options
- AThe number of EUR per USD
- BThe number of USD per EUR
- CDepends on whether the price is being quoted in Europe or the US
- DDepends on whether the price is being quoted interbank or to a customer
How the community answered
(25 responses)- A8% (2)
- B76% (19)
- C12% (3)
- D4% (1)
Community Discussion
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