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Define direct quote.
A direct quote is a foreign exchange rate quoted as the domestic currency per unit of the foreign currency.
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Asked 8/10/2012 12:55:36 AM
Updated 7/28/2016 9:28:12 AM
1 Answer/Comment
Flagged by jerry06 [7/28/2016 7:20:16 AM], Edited by Andrew. [7/28/2016 9:28:09 AM], Unflagged by Andrew. [7/28/2016 9:28:12 AM]
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A direct quote is a foreign exchange rate quoted as the domestic currency per unit of the foreign currency.
Added 7/28/2016 7:20:15 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [7/28/2016 9:28:11 AM]
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