n NISM Certifications
XIII NISM Series XIII
Medium

A person sells USDINR and buys JPYINR for an equivalent amount. What market view has he expressed?

Practice question from NISM Series XIII for SIF - Mock Test 7 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. A

    JPY weakening against USD

  2. B

    INR strengthening against USD

  3. JPY strengthening against USD

    Correct answer

  4. D

    INR weakening against USD

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

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