The Foreign Exchange Market: Definitions and Characteristics

The foreign exchange market: definitions and characteristics Definitions : The Foreign exchange is the act by which we exchange the currencies of different nations. Coins take the same form as the currency within a country. The bulk of monetary assets traded on foreign exchange markets are deposits in banks. The exchange rate is the price of the currency of a country in terms of the currency of another. There are two types of exchange rates, according to the date of exchange of real currency:

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