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Foreign Exchange

This power point presentation gives an introduction about foreign exchange and foreign exchange market, most traded currencies, world Fx reserve and composition.

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Foreign Exchange

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  1. Foreign Exchange

  2. Introduction • Foreign Exchange- an institution or system for dealing in the currencies of other countries. • It also refers to the global market where currencies are traded virtually around-the-clock. The term Foreign Exchange is usually abbreviated as "forex" and occasionally as "FX."

  3. Forex • Global trading of International currencies. • Forex is an open 24-hours market {Sunday 5pm (EST) - Friday 4pm (EST)} • Forex Trading starts in the Asia-Pacific and continues in the Middle East, in Europe, and in the US. • Largest market in the world with daily average turnovers of $4 trillion. • 12 times larger than global equity markets • Forex annual turnover equals 10 times the global GDP.

  4. Most Traded Forex Currencies

  5. World Fx Reserves & Currency Composition

  6. Thank You

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