HomeFAQSearchRegisterMemberlistUsergroupsLog in

Share | 

 What is Foreign Exchange?

Go down 

Number of posts : 49
Registration date : 2007-07-27

PostSubject: What is Foreign Exchange?   Sat Aug 11, 2007 12:50 pm

The Foreign Exchange market, also referred to as the "Forex" or "FX" market, is the largest financial market in the world, with a daily average turnover of approximately US$1.5 trillion. Foreign Exchange is the simultaneous buying of one currency and selling of another. The world’s currencies are on a floating exchange rate and are always traded in pairs, for example Euro/Dollar or Dollar/Yen
Back to top Go down
View user profile http://cashtalk.all-up.com
What is Foreign Exchange?
Back to top 
Page 1 of 1
 Similar topics
» Serious foreign exchange management problem at Cental Bank last year
» Supermarkets can deal in foreign exchange
» Foreign exchange rate of the Iraqi dinar
» Sri Lanka Newspapers - 29/12/2011
» Fitch afrms HDFC Bank at 'BBB+(lka)'/stable

Permissions in this forum:You cannot reply to topics in this forum
 :: forex :: GeneraL chat-
Jump to: