Purchase of foreign currency contract at future rate from bank is a transaction involving:

CA Foundation · Business Economics · PYQS · January 2026
Purchase of foreign currency contract at future rate from bank is a transaction involving:
(A) A. Forward Market
(B) B. Regulated Market
(C) C. Spot Market
(D) D. Retail Market

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Forward Market

Topics: International Trade

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