đề 1234 tcqt

What does the indirect quotation of exchange rate indicate?

• How many units of currency needed to exchange for 1 USD

• How many USD needed to exchange for 1 unit of foreign currency

• How many units of foreign currency needed to exchange for 1 unit of domestic currency

• How many units of domestic currency needed to exchange for 1 unit of foreign currency

At the beginning of the year N, the CAD/VND exchange rate = 18,690. During te year, the inflation in Canada and Vietnam are 3.5% and 2% respectively. Assuming ceteris paribus, what is the CAD/VND exchange rate at the end of year X?

• 19,731

• 18,965 

• 18,419

• 17,704

On 19/05/N, the opening exchange rate is: 1 EUR = 1.3344 USD. The closing exchange rate is: 1 EUR = 1.3332 USD. Therefore, compared to USD, EUR has:

• Decreased 0.0012 pips

• Increased 0.0012 pips

• Decreased 12 pips

• Increased 12 pips

Assume ceteris paribus, according to the interest rate parity theory, if the interest rate of the domestic currency is higher than that of the foreign currency, the exchange rate will:

• increase

• decrease

Assume ceteris paribus, exchange rate will increase when:

• Foreign loan repayments increase

• Foreign loan repayments decrease.

If THB depreciates against VND, it would be beneficial for

• Thai businesses when making investments in Vietnam

• Vietnamese businesses when exporting goods to Thailand

• Thai businesses when importing goods from Vietnam

• Vietnamese people when travelling to Thailand

Which of the following statements is most likely correct?

• Currency forward contracts are not contractual obligation.

• Currency forward contracts are standardized in terms of maturity.

• Currency forward contracts are not traded on the secondary market

• Currency forward contracts are derivative contracts then they are traded on the secondary market.

The official exchange rate is given by:

• Commercial bank

• Central bank

• Government

• All are correct

Currently, the exchange is listing as follow: EUR/USD = 1.3223/30; F_1m (EUR/USD) =1.3535/40; F_2m (EUR/USD) = 1.4004/40; F_3m (EUR/USD) = 1.4101/04. Which answer is most likely correct?

• The EUR will definitely appreciate against the dollar in the next 6 months

• The EUR will definitely depreciate against the dollar in the next 6 months

• The EUR is traded at a forward premium

• The EUR is traded at a forward discount

On June 10th, bank A quotes the following information:

JPY/VND =162.97/50

JPY/VND 1-month

Swap point: 45/18

What is the 1-month forward rate of JPY/VND?

• 162.42/68

• 163.42/68

• 163.52/32

• 162.52/32