foreign exchange market

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foreign exchange market

The market in which one foreign currency is exchanged for another.
Dictionary of Unfamiliar Words by Diagram Group Copyright © 2008 by Diagram Visual Information Limited
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Trade Like A Girl Academy is the education component that consists of a proprietary curriculum and Forex training program designed to turn a student with zero knowledge of the Forex markets into a disciplined Forex trader, a savvy Forex investor and/or an innovative Forex trading programmer.
The apex bank is expected to keep its key interest rate at 11 percent per annum due to volatility on the forex markets traditional for December-January period, Alexander Kalinin, president of OPORA-Russia, said on Wednesday.
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monetary policy has triggered influx of hot money into Asia, stimulating upward movements of both Asian stock and forex markets. Last Friday, the exchange rate of the NT dollar jumped to US$ 1=NT$ 29.375 in midsession before the intervention of the CBC, which curbed the scale of the appreciation.
The unit hit an intraday low of 53.96 against the dollar -- a level last seen in December -- which traders said likely prompted India's central bank to intervene in forex markets to prevent the rupee breaching the key 54 level.
The seminar will cover topics such as "What is forex?", "How are rates determined and what impacts them?", "Who are the market players?", "When is the best and worst time to trade?", "Why trade forex?" and "How can I trade forex markets?" To register for the seminar, send the word "FOREX" by SMS with your full name and email address to 99039677 or email your full name and number to .
RBI's role in forex markets could not be ascertained.
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