abhishreshthaa
New member
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