What is currency market?
What is Currency Market ?
The currency market, also known as the foreign exchange market or FOREX (Foreign Exchange Market) is the market which takes place on the currency conversion. Each country has its own currency (eg U.S. dollar) and the value of the currency is quoted against another currency of another country or area of currency (eg the euro). For example, at one time, the euro is worth 1.4251 U.S. dollar.
Individuals are accustomed to the notion of currency through the exchange they are engaged in an exchange for such a holiday. International purchases via the Internet for example, occur mostly in the currency of the country that produces wind, and thus generate a foreign exchange transaction in the currency markets.
Source: Home - whatismarketing.net
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