Difference between revisions of "Foreign Exchange"

From Open Risk Manual
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== Definition ==
 
== Definition ==
'''Foreign Exchange'''. (FX/Forex) It is the exchange, or conversion, of one currency into another currency. Foreign exchange also refers to the global trading markets by which currencies are virtually exchanged around the clock, with the largest centers being based in London,New  York, Tokyo, and Singapore. The term foreign exchange is frequently abbreviated to ''forex'' as well as ''FX''.
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'''Foreign Exchange'''. (FX/Forex) It is the exchange, or conversion, of one currency into another currency.  
  
[[Category:Supply Chain Finance]]
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Foreign exchange also refers to the global trading markets by which currencies are virtually exchanged around the clock, with the largest centers being based in London,New  York, Tokyo, and Singapore.
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The term foreign exchange is frequently abbreviated to ''forex'' as well as ''FX''.
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[[Category:Products and Markets]]

Latest revision as of 14:05, 13 February 2020

Definition

Foreign Exchange. (FX/Forex) It is the exchange, or conversion, of one currency into another currency.

Foreign exchange also refers to the global trading markets by which currencies are virtually exchanged around the clock, with the largest centers being based in London,New  York, Tokyo, and Singapore.

The term foreign exchange is frequently abbreviated to forex as well as FX.

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