How Does Interbank Foreign Exchange Trading Work? What Is Being

question 1

Essay

How does interbank foreign exchange trading work? What is being traded in the interbank part of the foreign exchange markets? What functions does it serve?

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Definitions:

Equal Representation

The principle that all groups within a population should be fairly and proportionally represented in decision-making bodies or forums.

Absolute Monarchies

Forms of government where the monarch holds supreme authority and is not restricted by any written laws, legislature, or customs.

Constitutional Monarchies

Systems of government in which a monarch acts as head of state within the parameters of a constitution, sharing power with elected bodies or operating within a framework that limits their powers.

Disenfranchised

Individuals or groups that are deprived of the right to vote or other rights of citizenship.