Question

what is the currency of the payment ?

what is the currency of the payment ?

Business   Finance   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1

currency for the payment will be leading to all such currencies which are used by the multinational corporation for payments and these currencies will be known as currency for payment and generally multinational corporations are preferring to pay out their payables in in domestic currency so it is mostly domestic currency for various companies

Payment currency is that currency which has been used by business organisation in making payments towards their business payables.

0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
What is the difference between a single currency and a common currency? Is Euro the single...
What is the difference between a single currency and a common currency? Is Euro the single currency or common currency?
Explain how balance of payment crises and currency crises might arise under fixed exchange rate regime...
Explain how balance of payment crises and currency crises might arise under fixed exchange rate regime (Do not copy the answer from someone else, I know that there is same question on chegg webiste)
What motivates fls to hedge foreign currency exposures? What are the limitations to hedging foreign currency...
What motivates fls to hedge foreign currency exposures? What are the limitations to hedging foreign currency exposures?
Explain what is meant by a strong currency? explain how the currency markets work? identify what...
Explain what is meant by a strong currency? explain how the currency markets work? identify what causes fluctuations in the exchange rate? discuss the advantages and disadvantages of a weak dollar
what defines a currency market?
what defines a currency market?
What is appreciation and depreciation of a currency? Explain how some countries take advantage of currency...
What is appreciation and depreciation of a currency? Explain how some countries take advantage of currency depreciation to boost exports.
What is the future of currency? Fiat or Crypto
What is the future of currency? Fiat or Crypto
WHAT DETERMINES THE VALUE OF A VIRTUAL CURRENCY? WHAT DETERMINES THE VALUE OF A VIRTUAL OR...
WHAT DETERMINES THE VALUE OF A VIRTUAL CURRENCY? WHAT DETERMINES THE VALUE OF A VIRTUAL OR DIGITAL ASSET? Virtual Currency and value derived from ?
Exchange rates can be quoted as foreign currency per unit of domestic currency or domestic currency...
Exchange rates can be quoted as foreign currency per unit of domestic currency or domestic currency per unit of foreign currency. Unless otherwise stated, we adopt the convention that is given in your textbook, that is, we define exchange rates as domestic currency per unit of foreign currency. Using the dollar and euro as a currency pair, the bilateral exchange rate is E$/€, expressed as dollars per euro. a. Suppose that the initial exchange rate is given as $1/€1, i.e.,...
Currency A is worth $2 in the spot market. Currency B is worth $3 spot. Currency...
Currency A is worth $2 in the spot market. Currency B is worth $3 spot. Currency B costs                                1.6 units of currency A. You have $30000 to try to generate arbitrage with. If you are                             successful what will be your $ gain? $200 $500 $1000 $2000 None of the above.
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT