Prepare a paper explaining any two of the four learning objectives outlined Foreign exchange market Exchange Rate
The Foreign Exchange Market The foreign exchange market goes by the names currency market, FX, or forex. It was one of the earliest financial markets to provide the global economy with a structure. It is the largest money market globally. The market not only provides a platform for buying, exchanging, and speculating, and selling global currencies, it also provides for currency conversion to enable international investments and trade settlements (Kim et al., 2020). The market is so big that the Bank of International Settlements, owned by the central banks, the forex trade made an average of $6.6 trillion exchanges daily in April of 2019.
Escuela, estudio y materia
- Institución
- MBA or M.B.A. - Master of Business Administration
- Grado
- MBA or M.B.A. - Master of Business Administration
Información del documento
- Subido en
- 10 de julio de 2023
- Número de páginas
- 4
- Escrito en
- 2022/2023
- Tipo
- Ensayo
- Profesor(es)
- Desconocido
- Grado
- A
Temas
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the foreign exchange
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international business