Business, 12.02.2021 03:40 smelcher3900
HELP PLEASE (18 POINTS) Match the given scenarios to the forex market.
1. The currency rate of exchange of the nation was fluctuating
too much. An agency protected the value of the national
currency by overseeing forex transactions.
This agency is the …
2. This agency conducts commercial forex transactions.
These are handled by large commercial banks.
This agency is the…
3. This is a wholesale dealer of foreign currencies
who supplies currencies when other agencies
are short of them. This is the…
4. This includes foreign trade in goods and services using
commercial banks for forex exchanges. This is the…
Options to Match:
foreign exchange broker
retail customer
central bank
foreign exchange dealer
Answers: 3
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HELP PLEASE (18 POINTS) Match the given scenarios to the forex market.
1. The currency rate of exch...
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