n NISM Certifications
NSM General NISM
Medium

USDINR moves 75.02/75.04 to 75.22/75.24; EURUSD moves 1.1888/1.1893 to 1.1808/1.1810. What happened?

Practice question from NISM Series I - Mock Test 6 — bank. The correct answer is highlighted below with a full explanation.

Options

  1. USD appreciated vs INR & depreciated vs EUR

    Correct answer

  2. B

    USD depreciated vs INR & depreciated vs EUR

  3. C

    USD depreciated vs INR & appreciated vs EUR

  4. D

    USD appreciated vs INR & appreciated vs EUR

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

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