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Foreign Exchange

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Foreign Exchange refers to the exchange of one currency for another. Its abbreviation is called 'Forex' and the global market today witnesses the exchange of currencies almost all round the clock.

All currencies are quoted in pairs. Traders either go long the pair or they go short the pair. While trading in the Forex market, traders are provided with plenty of currency pairs to choose from.

The video below will offer you a better understanding of what Foreign Exchange is all about:

 

Our finance experts have answered many a question on Foreign Exchange. Some of them are mentioned below:

  • How does one manage Foreign Exchange Risks? 
  • Could you enlighten me on what Foreign Exchange Exposure is?
  • Could you give me a brief on Foreign Exchange Earnings?
  • I wish to be apprised of what a Foreign Exchange Departmentis.
  • How is Foreign Exchange gain or loss calculated?

 

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