1. Foreign Exchange
... of the forex market can be classified under five broad categories: • Corporates who wish to exchange currencies to meet or hedge contractual commitments (arising out of, for example, contracts of import or export of goods in foreign countries involving foreign currencies). It includes business houses, international investors, and multinational corporations. They may also buy or sell ... Canadian dollar. Deutsche mark, French franc, Swiss frank, US dollar, Japanese yen, Australian dollar, and European currency unit. Contract sizes are standardized according to amount of foreign currenc...
- Word Count: 10026
- Approx Pages: 40
- Grade Level: High School