Posts Tagged ‘of foreign exchange’
What is the Forex Currency Market?
The Market for Foreign Currency Exchange, also known as Foreign Exchange Forex or FX, is an international market in which operations are carried out buy and sell currencies 24 hours a day, 5 days a week.
Unlike other markets such as U.S. treasury bonds averaging about $ 300 billion in transactions a day and American stock markets exchange about $ 100 billion daily, FOREX Foreign Exchange has a daily turnover of about $ 1.5 trillion, making it the largest financial market in the world. (more...)
Tags: currency traders, of foreign exchange, stock markets., The FOREX market, world financia
The bodies and agents of foreign exchange controls
Tags: foreign exchange transactions, of foreign exchange, the currency of Russia
The Foreign Exchange Market - The Forex is a market
The forex market is an interbank market or inter-dealer that was established in 1971. It is also a market “Over-The-Counter”, which means that transactions are conducted between the 2 parties agree to trade via telephone or electronic network. The Trading thus not centralized, as is the case for the large stock market (eg NYSE, ASE, CME) or as is the case of foreign exchange futures market and options on currencies, which are negotiated in particular markets. Read the rest of this entry »
Tags: of foreign exchange, The FOREX market, the New York Stock Exchange
Yemen reserves of foreign exchange to drop to seven billion dollars in 2009
Yemen recorded reserves of foreign exchange last year nearly seven billion dollars, backing by one billion and 157 million more than in 2008 amounting to eight billion and $ 157 million.
A report issued by the Central Bank of Yemen to the bank’s budget amounted to a trillion and 873 billion riyals, up a slight hit eight billion riyals in 2008.
And the volume of money supply rose by 135 billion for up to two trillion and 12 billion riyals at the end of last year, compared with the trillion and 877 billion riyals at the end of 2008
The net foreign assets of the banking system by 50 billion Yemeni riyals registered trillion and 807 billion riyals at the end of the year compared with the trillion and 857 billion rials in 2008 Read the rest of this entry »
Tags: of currency, of foreign exchange