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In this type of currency market, dealers are counterparties to currency exchange transactions:

a) Spot market
b) Forward market
c) Interbank market
d) Retail market

User Le Garcon
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1 Answer

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Final answer:

The interbank market is the type of currency market where dealers are counterparties to currency exchange transactions. Banks and a few other firms act as dealers and facilitate this trading in the interbank market.

Step-by-step explanation:

In the currency market, the interbank market is the type of market where dealers are the counterparties to currency exchange transactions. Most people and firms exchanging a substantial quantity of currency go to a bank, and these banks, along with a few other firms, act as dealers and facilitate the trading of foreign exchange in the interbank market.

User Nicolas Maloeuvre
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