Foreign Exchange (Forex) Definition

What is Foreign Exchange? Foreign exchange is the conversion of one currency into another currency. It is a relative value of one currency to another, the term is usually abbreviated as forex and in some cases

Foreign Exchange Market

What is a Foreign Exchange Market? Also known as FOREX market. An over the line counter or a decentralized market that deals in the exchange of the currencies of different countries is called a foreign

Foreign Exchange Reserves

Forex exchange reserve are the assets that are held on reserve by the central banks or other monetary authorities in foreign currencies, the assets can be banknotes, deposits bonds, treasury, and other government security. Most foreign