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Can you write a check in a foreign currency?
no. however you might be able to arrange a funds transfer between your bank and the foreign bank.
What kind of trading is Forex involved in?
"Forex, also known as foreign exchange market, is used to exchange money from one currency to another. This allows companies in any part of the world to do business with another company and smoothly transfer funds."
What are the two basic sources of loanable funds?
short term funds and currency
What is the IBANs number for FNB Namibia?
Chances are this is going to be the same as it is in South Africa in the sense that you got to go to the FNB branch and open up a foreign currency account. This way you get charged for receiving foreign funds. :) Good Luck!
What companies provide the services of converting money?
Travelex, which allows you to convert your funds right online. If you have some foreign paper, or coin currency in your possession, you can take it to your bank and exchange it.
Money market funds invest primarily in foreign currency?
yes
How can one buy foreign currency for investment purposes?
To buy foreign currency for investment purposes you can contact a Exchange Trade Funds broker. They are brokers that specialize in foreign currency and can help you choose the right currencies.
Can you write a check in a foreign currency?
no. however you might be able to arrange a funds transfer between your bank and the foreign bank.
What is the significance of Forex Trades?
Forex trading is essential a money market trading system, allowing foreign currency to be traded around the world. The importance of Forex trading is that it determines the value of each currency across the world. Forex trading enhances trading between countries by enabling funds to be easily converted from one currency to another.
What kind of trading is Forex involved in?
"Forex, also known as foreign exchange market, is used to exchange money from one currency to another. This allows companies in any part of the world to do business with another company and smoothly transfer funds."
How might the borrowing of foreign capital affect the ability of your business to attract investment funds from the capital market?
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Full form of FOREX?
Foreign Exchange Market May be Funds Options Real Earning sector You can add any
Can Forex Hedge Funds help me invest $20,000?
Foreign Exchange Hedge Funds (Forex Hedge Funds) are designed to enable one to invest in the Forex market, which specializes in currency arbitrage. This is a highly risky field, but also carries with it the potential for great rewards. If you portfolio is sufficiently diversified to enable such a risk, this can be a good way to shoot for higher returns but it is not recommended as a basic investment strategy.
Project topics in banking and finance for undergraduates?
Corporate Social responsibility Green economy Arbitration Growth Of Mutual Funds In India Inflation Derivative Market foreign Exchange Market
What is synonyms for currency?
monetary funds
What are the two basic sources of loanable funds?
short term funds and currency
What is the IBANs number for FNB Namibia?
Chances are this is going to be the same as it is in South Africa in the sense that you got to go to the FNB branch and open up a foreign currency account. This way you get charged for receiving foreign funds. :) Good Luck!
