Economy, asked by sunilrwt066, 4 months ago

7. What is meant by the term forex?​

Answers

Answered by chitrashri77
1

Answer:

Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro. Foreign exchange transactions can take place on the foreign exchange market, also known as the Forex Market.

Answered by mangulu7802
1

Explanation:

Foreign Exchange (forex or FX) is the trading of one currency for another. For example, one can swap the U.S. dollar for the euro. Foreign exchange transactions can take place on the foreign exchange market, also known as the Forex Market.Feb 4, 2020

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