abhishreshthaa
Abhijeet S
FOREIGN EXCHANGE MARKET
A market where currencies are exchanged in order to buy products or invest in securities denominated in a foreign currency
OTC market
WHAT DOES EX RATE MEANS ?
Meaning
REGIMES IN EXCHANGE RATE
WHO ARE THE PARTICIPANTS IN FOREX MARKET
A market where currencies are exchanged in order to buy products or invest in securities denominated in a foreign currency
OTC market
WHAT DOES EX RATE MEANS ?
Meaning
- An exchange rate is the number of units of one currency that can be exchanged for one unit of another currency
- E.g. Rs.48 = $1
REGIMES IN EXCHANGE RATE
- Gold Exchange Standard System
- Bretton Woods System
- Flexible Exchange Rate System
WHO ARE THE PARTICIPANTS IN FOREX MARKET
- Customers (Non Bank entities)
- Banks
- Speculators
- Arbitragers