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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.
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.
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 .
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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 ...
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The State Bank of Vietnam (SBV; Vietnamese: Ngân hàng Nhà nước Việt Nam) is the central bank of Vietnam. Organized as a ministry-level body under the Government of Vietnam, it is the sole issuer of the national currency, the Vietnamese đồng. [3] As of 2024 it holds over USD 100 million in foreign exchange reserves. [2]