Treasury

The Treasury Department operates and maintains systems such as Hedging (Buy and​

Sell) of currencies of different corridors through Dealing​

platforms, Currency Pricing, Forex Inventory ​

Management and Fund Management.

• True

• False

Match the following Terminologies

• Next working day​

• Exchange rate 

• After two working days.

• TOM

• The rate of one currency against another

• IBR

• Interbank rate​ 

• TOD/CASH

• Today

• SPOT

A ____ account collects all the company's money which can be either in USD or AED or both

Put in order the correct process flow of the Nostro Funding

• • Check the funding currency of a particular correspondent​

• • Check the availability of funds from reports in consultation with the  funding team​

• Based on the Nostro currencies, raise funding requirement and instruct the funding team for processing

Currency ​ (a)   is an increase in the Value of one currency in relation to another currency.​​

• Depreciation
• Appreciation

The term “emerging market currencies” generally refer to currency of countries that are considered to be in the process of developing their economies and financial systems.

• True

• False

Put the process flow of Rate Setup in the correct order

• • Calculate the cost of a specific currency​

• Input the rate (plus spread) for the branches’ board rates and designated AFEX services

• Evaluate the market movement and revise the rate’ accordingly

What currencies are considered as an emerging market currencies?

• • 1) Indian Rupee (INR)​

  • 2) Pakistan Rupee (PKR)​

• 1) Bahraini Dinar (BHD)

  2) UAE Dirham (AED)

• 1) Russian Ruble (RUB)

  2) China (Yuan)

• 1) United Kingdom (GBP)

  2) United States (USD)

Lower Interest Rate is better for the Economy

• True

• False

What is the Market Forecast that affects the Currency Market?

(Select 2 right answers)

• Inflation

• Emerging Market Currencies

• Trade Balance