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What is foreign exchange market? Who are its participants? What are its functions? CH 21: FOREIGN EXCHANGE MARKETQ1: What is foreign exchange market? Who are its participants? What are its functions?Ans: Foreign Exchange Market.*INTRODUCTION:~ Foreign exchange market is a medium through which individuals, business, governments and banks buy and sell foreign currencies.~ Foreign exchange market is not a single physical place, but a worldwide market which operates round the clock. It is the largest and the most liquid market in the world.*MEANING:~ Foreign exchange market is a mechanism where various national currencies are purchased and sold like any other commodity.~ The foreign exchange rate is determined by the demand for and supply of foreign exchange.~ A foreign exchange market can be free or restricted. Restrictions on the market vary from country to country.~ In India, restrictions are made on foreign exchange convertibility whereby full convertibility is allowed only on current account and not on capital account.~ Even under the free foreign exchange market, the Government intervenes whenever there is a wide fluctuation in the exchange rate so as to avoid...more
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The BluePrint Project Black Edition - An Easy Way To Create, Market And Profit From E-Commerce Sites On the back of prior success by Tim and Steve, such as Niche BluePrint, Commission BluePrint Parts 1 & 2 among others, they are going to offer the most effective e-commerce system on the market...modestly known as "The BluePrint Project Black Edition."What is The BluePrint Project Black Edition exactly?It is the most recent, most wonderful and premier version of the Niche BluePrint course which has become infamous.Published and released a couple of years ago, Niche BluePrint immediately hit the best seller list. It was full of instructions teaching people to find a niche, bridge the supply and demand division and earn a profit as a middleman.Let me clarify that, suppose you are aware of an individual making radio controlled cars. They offer excellent craftsmanship but do a poor job at get them in the public eye, consequently the public was barely aware of their product and their sales were low.On the other hand, the possibility that thousands of individuals are looking day and night for radio controlled cars on an unsuccessful basis, since they have been marketed...more
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