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Why do three currencies represent 80% of the foreign exchange (FX) market trades?

User Amaal
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2 Answers

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Answer:

D) These hard currencies represent the largest industrialized economies.

Step-by-step explanation:

User ErichBSchulz
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The answer is because these hard currencies represent the largest industrialized economies: dollar, euro and pound. Currently, the foreign exchange rate for all world currencies is a floating exchange rate, based on market forces of supply and demand.

User MADHUR GUPTA
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