Wednesday, April 29, 2009

Foreign Exchange Market

Foreign exchange market (also known as currency market) is a market where a given
currency of one particular nation is traded against paper denomination of currency of
some other nation. Since it underlines the basic fundamentals of trade, foreign
exchange markets underpin all other markets in financial markets. They directly
influence each country’s foreign trade patterns, determine the flow of international
investment and affect domestic interest and inflation rates. They operate in every
corner of the world, in every single currency. The foreign exchange market is the largest
financial market in the world.

2 comments:

  1. You can few topics like Forex Reserve and why to hold Forex to add more value to your blog........Thanks!

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