BANKING GENERAL KNOWLEDGE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is full form of Forex?
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Foreign Exemption
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Foreign Exchange
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Foreign Expert
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Foreign Expansion
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Explanation:
Detailed explanation-1: -foreign exchange market (forex, or FX, market), institution for the exchange of one country’s currency with that of another country. Foreign exchange markets are actually made up of many different markets, because the trade between individual currencies-say, the euro and the U.S. dollar-each constitutes a market.
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