Free 3I0-012 Exam Braindumps (page: 76)

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When would an exporter commonly use an NDF?

  1. when receiving THB in 1 month
  2. when receiving HKD in 2 months
  3. when receiving PHP in 2 bank business days
  4. when receiving KRW in 3 months

Answer(s): D



What is the value date of a 6-month outright forward FX transaction dealt today, if today’s spot date is Monday, 30th June? Assume there are no bank holidays.

  1. 27th December
  2. 30th December
  3. 31st December
  4. 1st January

Answer(s): C



How many Yen would you pay to buy 1 ounce of gold if you were quoted the following?
XAU/USD 1575.25-75

USD/JPY 96.55-60

  1. JPY 152,090
  2. JPY 152,139
  3. JPY 152,169
  4. JPY 152,217

Answer(s): D



If GBP/USD is 1.5350-53 and USD/JPY is 97.50-53, what is GBP/JPY?

  1. 149.66-74
  2. 149.69-71
  3. 63.52-53
  4. 63.51-54

Answer(s): A






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