Economics · Banking
In foreign exchange account classifications, an account that a domestic bank holds with a correspondent bank in a foreign country in the currency of that foreign country is known as a/an ________.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1VOSTRO Account
- 2NOSTRO Account✓
- 3NRO Account
- 4NRE Account
Correct answer
NOSTRO Account
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