Economics · Foreign Exchange Market
Identify the correct sequence and logic for the settlement of foreign exchange transactions in India.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Ready is T+1, Tom is T+2, Spot is T+3, Forward is monthly.
- 2Spot is T+0, Tom is T+1, Ready is T+2, Forward is T+5.
- 3Cash is T+0, Tom is T+1, Spot is T+2, Forward is beyond T+2.✓
- 4Ready is T+0, Cash is T+1, Tom is T+2, Spot is T+3.
Correct answer
Cash is T+0, Tom is T+1, Spot is T+2, Forward is beyond T+2.
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