Search results
Results from the WOW.Com Content Network
Retail foreign exchange trading is a small segment of the larger foreign exchange market where individuals speculate on the exchange rate between different currencies. This segment has developed with the advent of dedicated electronic trading platforms and the internet, which allows individuals to access the global currency markets.
Other factors contribute to currency exchange rates: these include forex transactions made by smaller banks, hedge funds, companies, forex brokers and traders. Companies are involved in forex transactions due to their need to pay for products and services supplied from other countries which use a different currency.
An important part of the foreign exchange market comes from the financial activities of companies seeking foreign exchange to pay for goods or services. Commercial companies often trade fairly small amounts compared to those of banks or speculators, and their trades often have a little short-term impact on market rates.
Switzerland's foreign exchange reserves consist of a significant portion of the reserves is held in major foreign currencies, including the U.S. dollar, euro, and Japanese yen. [205] Switzerland also has substantial gold reserves, providing a hedge against currency fluctuations and inflation. [ 205 ]
Foreign exchange market is included in the JEL classification codes as JEL: F31 The main article for this category is Foreign exchange market . Wikimedia Commons has media related to Foreign exchange market .
From Wikipedia, the free encyclopedia. Redirect page
Joint Stock Commercial Bank for Foreign Trade of Vietnam was founded on 1 April 1963 as Bank for Foreign trade of Vietnam. It was span off from the Foreign Exchange Bureau of the State Bank of Vietnam [6] to be an exclusive bank for foreign trade. [7] In 1990, Vietcombank diversified its services from being exclusively focused on foreign trade ...
Foreign exchange company, a broker that offers currency exchange and international payments; Retail foreign exchange platform, speculative trading of foreign exchange by individuals using electronic trading platforms; Bureau de change, a business whose customers exchange one currency for another; Currency pair, the quotation of the relative ...