Primary functions of the foreign exchange market
Question: What are the primary functions of the foreign exchange market? Who are the participants in the market? How do global companies use the foreign exchange market to hedge against foreign exchange risks?
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Today the Canadian dollar spot rate is $.90. What do you think the spot rate of the Canadian dollar will be in 1 year?
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Question: What are the primary functions of the foreign exchange market? Who are the participants in the market?
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