foreign exchange market


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Related to foreign exchange market: Foreign Exchange Rates

foreign exchange market

The market in which one foreign currency is exchanged for another.
References in periodicals archive ?
It should be recalled that the Swiss National Bank withdrew its floor rate on January 15, 2015, creating a real earthquake in the foreign exchange market, the EUR / CHF stabilizes slightly below the level of 1 CHF for 1 euro.
The Bank of England on Wednesday announced that it has been conducting an internal review into allegations that its officials condoned or were informed of manipulation in the foreign exchange market or the sharing of confidential client information.
Of the Tokyo market transactions in April, yen-dollar deals accounted for around 54 percent and yen-euro deals for about 6 percent, said the Tokyo Foreign Exchange Market Committee, which consists of the Bank of Japan, and Japanese and foreign financial institutions.
A foreign exchange market consists of both a wholesale inter-bank market and a retail market where licensed brokers trade with each other and with individuals and firms.
Their policies cost too much for the limited amount of protection offered, and the policyholders--Asian central banks and finance ministries--are devoting more resources than are justified to worrying about the risks they face from foreign exchange markets.
He said recent rapid moves in the foreign exchange market are ''strange.
The coupling of low asset prices and low values for their currencies in the foreign exchange market presents a once-in-a-lifetime investment opportunity for U.
Investigators are planning to question former traders at some of the biggest banks who are believed to have colluded using chat rooms to manipulate the foreign exchange market.
In order to support the relatively low supply of foreign exchange and moderate volatility in the foreign exchange market, the Bank of Zambia has, to date, sold US$178 million to the market.
External transactions on the Tokyo foreign exchange market jumped 31 percent from a year earlier, while domestic trades fell slightly.
But Shiokawa told a press conference that the agreement does not mean the G-7 nations will act together in the foreign exchange market.
Very likely, the Japanese yen will remain volatile in the foreign exchange market over the next several years in response to both the uneven pace of the economic recoveries in the U.

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