The minimum selling price is the price at which a market seller is willing to sell an asset.
The asking rate is the exchange rate at which a stock is bought or sold by a bank.
At the time of adoption, of the two local currency prices quoted by the bank for the foreign currency, the latter number (i.e., the exchange rate at which the foreign currency is more equivalent to the local currency) is the selling rate;
When the indirect pricing method is used, the first smaller of the two foreign currency prices of the local currency is the amount of foreign currency the bank is willing to pay for one unit of the local currency, i.e.
Japanese authorities intervene in the currency market, sterling to watch out for British Prime Minister’s policy confusion.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
