Quotations for straight rate
All foreign exchange prices are based on interbank spot rates, i.e. all rates are quoted in terms of foreign currencies against US dollars or HK dollars, and both buying and selling prices are quoted at the same time. The floating market exchange rate between US dollars and HK dollars shall be determined by us upon taking into account of the market rates.
Quotations for cross rate
Straight rates are quoted in terms of foreign currencies against US dollars, while cross rates are quoted in terms of one foreign currencies against another. Examples are Euro/Yen, Euro/Sterling and Sterling /Yen.
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