# A bank as dollar denominated account at b will fall

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A.Bank A's dollar-denominated account at B will fall by \$90,000.B.Bank B's dollar-denominated account at A will rise by \$90,000.C.Bank A's pound-denominated account at B will rise by £45,000.D.Bank B's pound-denominated account at A will fall by £45,000.E.All of the above are correctTopic: Correspondent Banking Relationships
12. The current exchange rate is £1.00 = \$2.00. Compute the correct balances in Bank A'scorrespondent account(s) with bank B if a currency trader employed at Bank A buys £45,000from a currency trader at bank B for \$90,000 using its correspondent relationship with Bank
Topic: Correspondent Banking Relationships13. The current exchange rate is €1.00 = \$1.50. Compute the correct balances in Bank A'scorrespondent account(s) with bank B if a currency trader employed at Bank A buys €100,000from a currency trader at bank B for \$150,000 using its correspondent relationship with Bank
Topic: Correspondent Banking Relationships5-2
Chapter 05 - The Market for Foreign Exchange14. The spot market
Topic: The Spot MarketSpot Rate Quotations16. Using the table shown, what is the most current spot exchange rate shown for Britishpounds? Use a direct quote from a U.S. perspective.
Topic: The Spot Market17. Suppose that the current exchange rate is €0.80 = \$1.00. The direct quote, from the U.S.perspective isTopic: The Spot Market

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