What is the ISO code for the currency of China?

[answerhappygod]

What is the ISO code for the currency of China?
A. CHY
B. CNR
C. CHR
D. CNY

Answer : D



What is an FX swap from spot?
A. An exchange of two streams of interest payments in different currencies and an exchange of the principal amounts of those currencies at maturity
B. A spot sale (purchase) and a forward purchase (sale) of two currencies agreed simultaneously between two parties
C. An exchange of currencies on a date beyond spot and at a price fixed today
D. An agreement to buy (sell) an amount of base currency value spot and simultaneously resell (buy back) the same amount to the same counterpart value today

Answer : B



A dealer has been invited by a broker to go to an exclusive club for the third time in a week.
He should:
A. agree, since entertainment is a normal part of business
B. refer this to senior management
C. agree but insist on paying half the cost
D. agree, if the broker pays for the event but does not attend it

Answer : B



If 6-month USD/CAD forward rates are quoted at 40/45, which of the following statements is correct?
A. USD rates are higher than CAD rates in the 6-month
B. CAD rates are higher than USD rates in the 6-month
C. There is a positive USD yield curve
D. There is not enough information to decide

Answer : B



What is the ISO code for palladium?
A. XAU
B. XAG
C. XPT
D. XPD


Answer : D