Outright forward transactions involve the exchange of currency beyond three days at a fixed exchange rate, known as the:

Outright forward transactions involve the exchange of currency beyond

1.	Outright forward transactions involve the exchange of currency beyond three days at a fixed exchange rate, known as the:
A.	spot rate.
B.	forward rate
C.	fx swap rate.
D.	reverse transaction rate
Answer» C. fx swap rate.

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Outright forward transactions involve the exchange of currency beyond three days at a fixed exchange rate, known as the:

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