Concept information
Terme préférentiel
foreign exchange markets
Définition
- A foreign exchange market is the institution for the exchange of one state's currency with that of another state; actually, “the market” is made up of many different markets because the trade between individual currencies—say, the euro and the U.S. dollar—each constitutes a market. The foreign exchange (or forex or FX) markets are the original and oldest financial markets and remain the basis upon which the rest of the financial structure exists and is traded in: Foreign exchange markets provide international liquidity, preferably with relative stability. [Source: Encyclopedia of Governance; Foreign Exchange Market]
Concept générique
Appartient au groupe
URI
http://data.loterre.fr/ark:/67375/N9J-RBBRX64Q-5
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