"Oil and gas" US dollars
1. It brings foreign exchange into the region. 2. It is their main source of income.
the cash crop are the main source of earning foreign exchange
Some of the main causes for fluctuations in foreign currency exchange rates are differentials in inflation and differentials in interest rates. Others include currency-account deficits and public debt.
Question: What is the foreign currency exchange market?Ans:The main currency exchange market is Forex/FX. The market covers all the accepts of selling and buying currencies on the existing values. In terms of volume it is the largest currency market of the world.
The Foreign Exchange Market is an amalgamation of global currency trading. It allows international trading in currency by determining the relative values of different currencies.The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. EBS and Reuters' dealing 3000 are two main interbank FX trading platforms. The foreign exchange market determines the relative values of different currencies.
1. It brings foreign exchange into the region. 2. It is their main source of income.
the cash crop are the main source of earning foreign exchange
I think that there is no any main institute of foreign exchange market. how ever for informationn about t forex visitwww.forexarticale.blogspot.com
oil
Some of the main causes for fluctuations in foreign currency exchange rates are differentials in inflation and differentials in interest rates. Others include currency-account deficits and public debt.
exchange or trade
Question: What is the foreign currency exchange market?Ans:The main currency exchange market is Forex/FX. The market covers all the accepts of selling and buying currencies on the existing values. In terms of volume it is the largest currency market of the world.
The main differences between the forex exchange market and new york stock exchange is that forex deals only with foreign exchange and the stock exchange deals primarily with domestic stocks.
Petroleum, oil and natural gas are Russia's largest natural resources. In fact, Russia's oil and gas exports are the country's main source of hard currency.
Most of Russia is poor and without self transportation means. So many use public transportation, Mainly train or bus.
The Foreign Exchange Market is an amalgamation of global currency trading. It allows international trading in currency by determining the relative values of different currencies.The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. EBS and Reuters' dealing 3000 are two main interbank FX trading platforms. The foreign exchange market determines the relative values of different currencies.
The main sources of foreign exchange are export earnings from goods andservices, remittances from overseas, direct investment flows and private andofficial loan inflows. The owners of these receipts are the fundamental suppliersin the market, that is, they sell foreign exchange to licensed foreign exchangedealers who are then able to sell to other institutions and individuals who need tobuy foreign exchange.In addition, the National Bank may sell from itsforeign reserves to augment the supply of foreign exchange in the market.On the other hand, individuals and companies need to buy foreignexchange for various reasons. These buyers use the foreign exchange topay for imports of merchandise, to make service payments (inclusive oftravel), to repatriate profits, and to repay external debt. The National Bank may also purchase foreign exchange from the market and this willadd to the official Net International Reserves.The sellers and buyers of foreign exchange are not mutually exclusive. Thesellers of today, may be the buyers of tomorrow, or even of today.