Segments of the foeign exchange market
Question: What are the two major segments of the foeign exchange market, and what types of foreign exchange instruments are traded within these markets?
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The exchange rate quoted by a bank is £:$ = 1.5005 - 1.5010. Calculate the total cost in dollars.
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The concepts is: -Exchange Rate Find a related article at Bloomberg.
What factors other than currency overvaluation and undervaluation might contribute to these differences?
What are the two major segments of the foeign exchange market, and what types of foreign exchange instruments are traded within these markets?
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