Foreign currency forward market is ____________
A)over the counter unorganized market
B)organised market without trading
C)organised, listed market
D)unorganised listed market

Question

Foreign currency forward market is ____________        
A)over the counter unorganized market
B)organised market without trading
C)organised, listed market
D)unorganised listed market

Quizplus · Accepted Answer

The foreign currency forward market is an over-the-counter (OTC) market, meaning it is decentralized and transactions occur directly between parties without a central exchange or intermediary. It is considered unorganized in the sense that it does not operate on a formal exchange with standardized contracts or rules.

Foreign Currency Forward Market Is ____________