• Forex

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  • Forex

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  • Forex

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    Foreign exchange is the exchange of one currency for another or the conversion of one currency into another currency. Foreign exchange also refers forex exchanges the global market where currencies are traded virtually around the clock. Foreign exchange transactions encompass everything from the conversion of currencies by a traveler at an airport kiosk to billion-dollar payments made by corporations, financial institutions and governments. The global foreign exchange market is the largest and the most liquid financial market in the world, with average daily volumes in the trillions of dollars.