Foreign exchange market

The foreign exchange market (ForexFX, or  market) is a  decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every . It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.

Last Updated on 2 years by pinc