This question has been deleted and is no more available to answer.
2
I always confused with term Forex Exchange. What is the actual meaning of Foreign exchange?

Share using link:

Direct share:

Apr 11 at 18:24:2
Yellow
Yellow
391

2 Answers

2
Forex, also known as Foreign Exchange, FX, forex trading or currency trading is a decentralized international market where currencies of all the countries are traded. Currency is an important asset for a country. The primary goal of forex is to administer the rates of currencies in relation to currencies. The need to exchange currencies is the primary reason why the forex market is the largest and most valuable financial market in the world. The foreign exchange market works through the central banks of the countries. So, the changes to the currencies are made and rendered by the foreign exchange market.
Apr 11 at 18:26:0
Jude
Jude
476

Thanks your definition is more proper.Yellow Daddy Apr 11 at 18:31:1

@Yellow - you welcome :)Jude Ak Apr 11 at 18:35:2

2
I will share some links that will help you:

Wikipedia Content for Forex: https://en.wikipedia.org/wiki/Foreign_exchange_market
FXCM Content For Forex: https://www.fxcm.com/uk/forex/what-is-forex/
Forex Content for Forex: https://www.forex.com/en/education/education-themes/trading-concepts/what-is-forex/

Hope it helps !!!
Apr 11 at 18:29:9
Alex
Alex
254

thanks for the links !!!Yellow Daddy Apr 11 at 18:31:12

Asked
7 months ago
Viewed
114 times