The foreign exchange market is a medium by which a wide range of businesses and consumers globally can trade in foreign currency.
There are two main reasons for doing this. Firstly it facilitates international trade and development. Businesses and consumers alike may wish to buy and sell in foreign jurisdictions and will want to do this as efficiently as possible by paying for the products in the correct currency. For example, if I opened a British Tea Shop in Boston I may want to purch
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