Outright forward transactions do not involve the exchange of currency three or more days after the date on which the traders agree to the transaction.

Name: Outright forward transactions do not involve the exchange of currency three or more days after the date on which the traders agree to the transaction.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Outright forward transactions involve the exchange of currencies on a specific date more than two business days after the agreement date, not within three days.

Outright Forward Transactions Do Not Involve the Exchange of Currency