Economy, asked by mmorris1034, 1 year ago

Difference between foreign exchange market and foreign exchange bank

Answers

Answered by PiyushSinghRajput1
0
The foreign exchange market is a global decentralized or over-the-counter (OTC) .... As a result, the Bank of Tokyo became the center of foreign exchange by September 1954.

Bank of America account holders can exchange foreign currency (no coins) for U.S. dollars at a full-service banking center. Add a currency to view the currency exchange rates for that country and find out how much your foreign currency is currently worth in U.S. dollars.
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