In the context of currency trading, what is "spread"? The difference between the "buy" and...
70.2K
Verified Solution
Link Copied!
Question
Accounting
In the context of currency trading, what is "spread"? The difference between the "buy" and "sell" price The change in the price of the currency over a specific period of time The difference between the current exchange rate and forward rate The change in the price of a currency against gold or other non-monetary assets The difference between the change in the currency exchange rate and the inflation in the country that issues the currency over the same period of time
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!