Demand Drafts and Telegraphic Transfer


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Posted by Forum Administrator on Tuesday, 16. February 1999 at 00:51 Bali Time:

In Reply to: How To Read Exchange Rates posted by Dumb Canadian on Monday, 15. February 1999 at 23:30 Bali Time:

DD = Demand Drafts
TT = Telegraphic Transfer

'sell' is the rate at which the bank sells currencies and 'buy' is the rate at which the bank buys currencies.

Duh...



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