ECONOMICS
FOREIGN CURRENCY MARKETS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
What is Safwah’s full name?
|
|
Safwah Binti Ahmad Ruslan
|
|
|
Nurul Safwah Binti Mohd Ruslan
|
|
|
Ahmad Safwah Binti Abdul Ruslan
|
|
|
Nur Safwah Binti Ruslan
|
Explanation:
Detailed explanation-1: -Foreign exchange, or forex, is the conversion of one country’s currency into another. In a free economy, a country’s currency is valued according to the laws of supply and demand. In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
Detailed explanation-2: -The foreign exchange market or forex market is the market where currencies are traded. The forex market is the world’s largest financial market where trillions are traded daily. It is the most liquid among all the markets in the financial world.
There is 1 question to complete.