Foreign Exchange or forex, is the conversion of one country's currency into another. In a free economy, a country's currency is appraised in line with the laws of resource and demand. In other words, a currency's value can be pegged to a new country's currency, including the Circumstance. For Example: dollar, or even to a basket of currencies. A country's foreign currency value may also be set by the country's government.http://www.myforexeye.com/what-is-foreign-exchange-and-foreign-exchange-market/ »
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