n NISM Certifications
NSM General NISM
Medium

If a trader expects GBP to weaken against USD while USDINR remains stable, which currency futures trade would be profitable?

Practice question from NISM Series I - Mock Test 4 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. Sell GBPINR

    Correct answer

  2. B

    Sell USDINR

  3. C

    Buy USDINR

  4. D

    Buy GBPINR

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

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