The daily turnover in the foreign exchange market


1. The daily turnover in the foreign exchange market is:

2. In the foreign-exchange market, trading

A. is restricted to the hours 10 A.M. to 3 P.M. New York time.

B. may not take place after 5 P.M. London time.

C. takes place at any hour of the night or day.

D. takes place at prices set by the U.S. government in consultation with the governments of other leading countries.

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Financial Management: The daily turnover in the foreign exchange market
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