Foreign exchange
From ACT Wiki
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 to FX, Forex or FOREX.
See also
- Currency forward contract
- Dealer
- Economic foreign exchange exposure
- Exchange rate
- Foreign currency
- Foreign currency option
- Foreign exchange portal
- Foreign exchange rate
- Foreign exchange risk
- Foreign exchange settlement risk
- Foreign exchange swap
- Foreign exchange trader
- Forward foreign exchange rate
- Forward points
- FX Global Code
- FXJSC
- IAS 21
- Interest rate parity
- Inversion
- Invisible FX
- Quoted currency
- Spot rate
- Spread
- Transfer risk
- Two-way price
