Question

_______ is where you can buy and sell a currency , at a fixed future date for a pre-determined rate. *

A. Forward market

B. Domestic market

C. Currency market

D. Options market
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Answer 1

Answer:

a

Explanation:

forward market is correct

Answer 2

Forward market is in which you could buy and promote a currency , at a set future date for a pre-decided rate.  

Explanation:

• A forward market is an over the counter market which units the charge of a financial instrument .
• Forward markets are mainly used for selling and buying a variety of instruments,.
• However the time period is normally used with regards to the foreign exchange marketplace.
• It is a unalterable contract in the foreign exchange market which locks in the exchange rate for the sales or purchase of a currency.

The correct answer is option (A) forward market.