The foreign exchange market is a market for converting the currency of one country into that...

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The foreign exchange market is a market for converting the currency of one country into that of another country. An exchange rate is simply the rate at which one currency is converted into another. The foreign exchange market converts one currency into another for facilitating the payments of imports and exports, investing in a country where the interest rates are higher, or for speculating in foreign currencies. Roll over the items related to functions of foreign exchange and read their descriptions. Then drop them in the correct position. Dell GM Apple Toyota Payment for Exports Payment for Imports Investment of Excess Cash Currency Speculation The foreign exchange market is a market for converting the currency of one country into that of another country. An exchange rate is simply the rate at which one currency is converted into another. The foreign exchange market converts one currency into another for facilitating the payments of imports and exports, investing in a country where the interest rates are higher, or for speculating in foreign currencies. Roll over the items related to functions of foreign exchange and read their descriptions. Then drop them in the correct position. Dell GM Apple Toyota Payment for Exports Payment for Imports Investment of Excess Cash Currency Speculation

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