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The Foreign Exchange Market
To buy goods and services produced in another country
we need money of that country.
Foreign bank notes, coins, and bank deposits are called
foreign currency.
We get foreign currency in the foreign exchange market.
The Foreign Exchange Market
Trading Currencies
We get foreign currency and foreigners get U.S dollars in
the foreign exchange market.
The foreign exchange market is the market in which the
currency of one country i changed for the currency of
another.
The Foreign Exchange Market
Exchange Rates
The price at which on
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