The exchange rates quoted by an authorised dealer to its customers are known as-Select one:a.Authorised ratesb.Commercial ratesc.Merchant ratesd.Indirect rates

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Solution 1

Answer and Explanation

The exchange rates quoted by an authorized dealer to its customers are commonly referred to as commercial rates.

Authorised Rates: This generally refers to rates set by the regulatory authority, but it’s not the term commonly used for customer-facing rates. 2 Knowee AI is a powerful AI-powered study tool designed to help you to solve study problem.

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