Question

2)
here Mr.2 purchases goods?
Mr. X deals in import and export business so he needs different foreign currencies. For the
expansion of his business, he borrows money from bank. He invests his funds in the equity
shares.
i) Name the market from where does Mr.X borrow money?
Name the market where does Mr. X invest his funds?
Which type of currency is required for international market?​

Answer 1

Answer:

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Answer 2

1) Mr. X borrows money from the capital market.

2) Mr.X invests his funds in a regulated market.

3) The international market requires various foreign exchanges by Mr.X.

Explanation:

• The foreign exchange market - also called the foreign exchange, FX, or currency market - was one of the original financial markets formed to bring structure to the growing global economy.

• In terms of trading volume, it is by far the largest financial market in the world. In addition to providing a venue for the buying, selling, exchange, and speculation of currencies, the foreign exchange market also enables currency conversion for international trade settlements and investments.