short note on international currency markets
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The international money market is a market where international currency transactions between numerous central banks of countries are carried on. The transactions are mainly carried out using gold or in US dollar as a base. ... This process of trading a country's currency with another one is also known as forex trading.
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International currency markets in which participants from around the world buy and sell different currencies. Participants include bank, corporation, central banks,, investment management firms, hudge firms, retail forex boxers and investors.
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