What is Foreign Exchange?

In: International Business and Trade [Edit categories]

Answer:

Currency of another country

First answer by ID1095993120. Last edit by ID1544244254. Question popularity: 3 [recommend question].

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Foreign exchange relations and foreign exchange?
There is so much that just depends on foreign currencies.
What is the foreign exchange?
Foreign exchange refer to the act of exchanging one country's currency by a different country's currency.
What Foreign exchange?
Foreign exchange, or Forex, is trading in currencies so that large businesses can trade one currency for another. Individual traders participate by trying to estimate the currency rates of a certain...
What is a foreign exchange spot rate?
The foreign exchange market is the made up of 2 components. First the Spot rate. This is the exchange rate at the present time. The spot rate on FX changes every second and is constantly updating....
Foreign exchange reserves in India?
$ 302.6 billion as of March 2011