answersLogoWhite

0

What is exchange functions?

User Avatar

Anonymous

13y ago
Updated: 5/27/2023

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.

User Avatar

Ivy Kreiger

Lvl 10
2y ago

What else can I help you with?

Related Questions

What are functions of future exchange market?

what are the functions of future exchange?


Functions of Nigerian stock exchange?

what are the functions of the nigeria stock exchange.


What is exchange functions in marketing?

The process of marketing is centered around the functions of exchange. The exchange of Goods and services with monitory, or general benefits to the company. The exchange function consists of 3 different functions: Buying , assembling and selling. These functions have a common feature in one respect, that they are directly concerned with the change in ownership of goods.


What is the function of an exchange coordinator?

I wouls like to know what are the functions of a exchange coordinator?


What are the functions of johanesburg stock exchange?

investors can convert their shares by selling them to stock exchange


In the amniote egg the functions in gas exchange?

chorion


What are the functions of your respiratory system?

to exchange gases in the body.


Functions of Bombay stock exchange?

shares buying and selling...


What are the functions of stomates?

for the exchange of gases (carbon dioxide and oxygen)


What is the functions of the Colombo stock exchange?

The main function of the Colombo Stock Exchange is to exchange precious materials and supplies to others for interest and higher prices. This is how Stock Exchange makes money.


Functions of the Zimbabwe stock exchange?

provides ready and continuous markets


What is the function of the coordination?

I wouls like to know what are the functions of a exchange coordinator?