167k views
0 votes
What is bought and sold in the foreign exchange market?

User Aru
by
5.0k points

1 Answer

5 votes

Answer:

The foreign exchange market is a global decentralized or over-the-counter market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices.

Step-by-step explanation:

Hope this helps!!!

User Aixecador
by
5.1k points