Difference between revisions of "Foreign exchange"

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(Add 4th definition.)
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The market for foreign exchange transactions.
 
The market for foreign exchange transactions.
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4. ''Trading and investment.''
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A market position whose value depends on a foreign exchange rate, or sometimes more than one rate.
  
  

Revision as of 21:38, 12 January 2020

1.

A transaction for the exchange of one currency for another.


2.

Any currency other than the domestic currency.


3.

The market for foreign exchange transactions.


4. Trading and investment.

A market position whose value depends on a foreign exchange rate, or sometimes more than one rate.


Often abbreviated as FX or FOREX.


See also