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it has been very onerous process of visiting the foreign exchange authorities quite a number of times despite that I had been familiar with foreign exchange law before that. Things have evolved in the regulation: loosened in some aspects, and tightened in other aspects. ...
Thus, due to this reason the FOREX provides the services for hedging the anticipated or actual claims/liabilities in exchange for theforward contracts. A forward contract is usually a three month contract to buy or sell the foreign exchange for another currency at a fixed date in the future at...
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Interbank quotations are given as a bid and ask (also referred to as offer). A bid is the price (i.e., exchange rate) in one currency at which a dealer will buy another currency. An ask is the price (i.e., exchange rate) at which a dealer will sell the other currency. Dealers...
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Foreign Exchange traders buy and sell currencies on the open "FOREX" or Foreign Exchange market. Traders may profit from small intraday swings or longer term trends in the values between commonly traded currency pairs. FOREX trading has become increasingly popular due to the availability of online ...
What Is the Foreign Exchange Market? The foreign exchange market (also known as forex, FX, or the currencies market) is anover-the-counter (OTC)global marketplace that determines the exchange rate for currencies around the world. Participants in these markets can buy, sell, exchange, and spec...