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The foreign exchange (FOREX) market is a decentralized global market that facilitates currency exchange for international trade and investment, operating 24/5 and characterized by high liquidity and low transaction costs. Key participants include commercial banks, central banks, and speculators, with various functions such as price discovery and hedging against exchange rate risk. Tanzania employs a managed floating exchange rate system, influenced by trade deficits and global commodity prices, impacting in

Author

Krvxdee Flex

Language

EN