Economy, asked by poojarai8235, 9 months ago

Mention the main functions of foreign exchange market.

Answers

Answered by kushalsonikumar
0

Explanation:

The Primary function of a foreign exchange market is the transfer of purchasing power from one country to another and from one currency to another. The international clearing function performed by foreign exchange markets plays a very important role in facilitating international trade and capital movement.

Answered by bindhu46
0

Answer:

the transfer of purchasing power from one country to other

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