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Understanding Spot Rates in Forex Market by zeebee17 is a document available to read on EtoBox.
1) The foreign exchange market facilitates international trade and investment through the buying and selling of currencies. 2) Most currency trading occurs electronically between large banks and involves transfers of bank deposits rather than physical currency. 3) Currency can be traded on the spot market for immediate delivery or the forward market to hedge against future currency risk and lock in exchange rates.
- Author
- zeebee17
- Language
- EN