The Foreign Exchange Market is also known as global market which is decentralized. It is also known as over the counter market for trading of money in to different currencies. Each country follows a certain currency such as $ (dollar) in the United States of America and Canada, Pound in United Kingdom, Euro in European countries, Rupees in India. Hence, in order to maintain the balance of trading, the market has come to be known as Forex market, also known as Foreign Exchange Market. The foreign Read more [...]