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Forex, or the foreign exchange market where investors and institutions trade currencies, is the biggest financial market in the world.5 trillion trades each day on the forex markets, according to ...
The Enforcement Directorate (ED) is intensifying its investigation into alleged illegal foreign exchange remittances amounting to ₹50,000 crore, linked to several fintech companies. Sources ...
Additionally, forex markets don't depend on an individual sponsor running the operation, such as the New York Stock Exchange. Currencies are instead traded "over the counter" based on an ...
Forex trading is the act of buying one national currency while selling another. The exchange rate for these currencies is constantly changing due to supply and demand.
Understanding Exchange Rates. The exchange rate refers to the value at which one currency can be exchanged for another. At the time of writing, the USD/CAD exchange rate stood at 1.35, while the ...