n NISM Certifications
XIII NISM Series XIII
Medium

A expert currency trader feels that EUR should strengthen against JPY in the next few months. Assuming JPYINR remains the same during this period, what currency future trade should be most profitable for him if his calculations come out correct?

Practice question from NISM Series XIII for SIF - Mock Test 3 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Buy EURINR

    Correct answer

  2. B

    Buy JPYINR

  3. C

    Sell EURINR

  4. D

    Sell JPYINR

A full explanation for this question is being written. In the meantime, the correct answer is highlighted above.

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