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Foreign Exchange Markets. The Foreign Exchange Market is the generic term for the worldwide institutions that exist to exchange or trade the currencies of different countries. Exchange Rate.
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Foreign Exchange Markets The Foreign Exchange Market is the generic term for the worldwide institutions that exist to exchange or trade the currencies of different countries
Exchange Rate An exchange rate is the price of one money in terms of another. Exchange rate is expressed in terms of the number of units of a currency required to purchase a unit of another currency.