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Foreign Currency Exchange

Foreign currency exchange is an important aspect of foreign trade and forex trading. Exchange rate is the key factor in foreign currency exchange. Various exchange rates and top currencies have been discussed.

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Foreign Currency Exchange

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  1. Foreign Currency Exchange

  2. What is Foreign Currency Exchange Foreign currency exchange is an institution or system for dealing in the currencies of other countries. The conversion of currency is done by the banks who deal in foreign exchange.

  3. Exchange Rate Exchange Rate is the price for foreign money. It is defined as the price paid in the home currency for a unit of foreign currency.

  4. Types of Foreign Exchange Rate • Spot Rate • Forward Rate • Buying & Selling Rate • Floating Exchange Rate • Fixed Exchange Rate

  5. Top 5 Currencies US DOLLAR(USD) GREAT BRITAIN POUND(GBP) EURO JAPANESE YEN SWISS FRANC

  6. Appreciation & Depreciation of Currency Appreciation - An increase in the value of the domestic currency with respect to the foreign currency. Depreciation - A decrease in the value of the domestic currency with respect to the foreign currency.

  7. Contact Us Learn To Trade Pty Limited Address: Suite 501 132 Arthur Street North Sydney 2060 NSW Phone No: (02) 8412 6000 E-mail: info@learntotrade.com.au Website: www.learntotrade.com.au

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