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Basic Question 1 of 3
In a carry trade practice, the funding currencies are:
B. high-yield currencies.
C. either low- or high-yield currencies, depending on the investor's position.
A. low-yield currencies.
B. high-yield currencies.
C. either low- or high-yield currencies, depending on the investor's position.
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I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
explain how flows in the balance of payment accounts affect currency exchange rates;
CFA® 2026 Level II Curriculum, Volume 1, Module 8.