What is Market for foreign exchange
Provide a complete definition of Market for foreign exchange.
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The foreign exchange (FX) market involves conversion of purchasing power from one currency into the other, extension of the credit denominated in the foreign currency, bank deposits of foreign currency, financing and trading in the foreign currency options and the futures contracts.
State the characteristics of the Composite currency bonds market instrument.
Uncertainty of the exchange rate does not essentially means that the firms face exchange risk exposure. Explain this scenario.
What does the term Finalization of Accounts mean?
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Factitious Assets: When any asset that has no market price which asset is termed as factitious assets. This is illustrated as expenditures of capital expenditure. The main illustration of such factitious assets is: Preliminary expenses, discount on is
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