Assignment: Discussion-The Foreign Exchange Market
The foreign exchange market has two tiers: the interbank market and the client market. Explain how each market functions, how they differ, and the interrelationship of the two markets. Present one practical example for each case. Select any country and explain how the interbank market or the client market functions in that country.
Answer these questions in a short essay, 3-4 paragraphs in length, and post the essay in the Discussion Area After you have posted your essay, read all of the essays by the other members of the class and comment on at least two other essays. Post your comments on other students' essays through the end of the module.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.