The second currency named in an FX quote is called the:
A) basis currency.
B) base currency.
C) unit currency.
D) terms currency.

Name: The second currency named in an FX quote is called the: A) basis currency. B) base currency. C) unit currency. D) terms currency.
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Question

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The second currency named in an FX (foreign exchange) quote is known as the "terms currency." It is used to specify how much of the terms currency is needed to purchase one unit of the first currency (the base currency).

The Second Currency Named in an FX Quote Is Called