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Q: Foreign exchange market services in banks?
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Related questions

Why banks offer foreign exchange services?

to provide foreign exchange service to the costumer or to get benefits from them


Who would use foreign exchange trading?

Foreign exchange trading is done on the foreign exchange market and allows for conversion of currency. Participants include banks, corporations, and speculators.


What is Foreign exchange function?

A foreign exchange market, also called a forex, FX or currency market, is a financial market for trading currencies. It is decentralized and formed by billions of transactions that are performed by banks, corporations, governments and other market players on a daily basis. The prices are largely formed by supply and demand, although some central banks actively manipulate their currencies. The function of the foreign exchange market is to facilitate currency exchange among market players.


What is exchange functions?

A foreign exchange market, also called a forex, FX or currency market, is a financial market for trading currencies. It is decentralized and formed by billions of transactions that are performed by banks, corporations, governments and other market players on a daily basis. The prices are largely formed by supply and demand, although some central banks actively manipulate their currencies. The function of the foreign exchange market is to facilitate currency exchange among market players.


Can you still exchange a foreign currency that is uncirculated?

we can exchange foreign currency of leats of banks


Can you still exchange foreign currency that is uncirculated?

we can exchange foreign currency of leats of banks


What role the commercial banks play in financial market?

Commercial banks offer services and facilities for people to manage their money, seek lines of credit, and invest the in the stock market. This allows the financial market run when money is circulated.


Can foreign money be taken to us banks to trade for us dollars?

Yes - Banks usually have a foreign exchange counter.


Do all banks exchange foreign money?

yes all banks do. contact your bank and ask them they will probably tell you that they do exchange foreign money if you are planning on doing that then tell your bank and exchange some foregn money:)


What has the author Enrica Detragiache written?

Enrica Detragiache has written: 'Exits from heavily managed exchange rates regimes' -- subject(s): Foreign exchange administration, Foreign exchange rates 'Foreign banks in poor countries' -- subject(s): Econometric models, Foreign Banks and banking


Who can trade in Indian Rupees?

Most banks in India will exchange Rupees. Some foreign banks and money changers will also exchange.


What is an Fx trader and what is it used for?

"The FX trader is the Foreign Exchange Market and it's used for trading currencies. Banks, corporations, governments, and investors are the traders who use it."