Question

(viii) — is not a function of foreign exchange market.
(a) Transfer
(b) Credit
(c) Hedging
(d) Investments​

Answer 1

Answer:hedging

Explanation:

Answer 2

Option d is the correct answer.

Investments is not a function of foreign exchange market.

Foreign exchange market is the market where foreign currency are sold and bought.

The three main functions of Foreign exchange market include:

1. Transfer functions - transfer finance between countries.
2. Credit function - provides credit for international trade
3. Hedging function - provides risk management facilities.