Examlex
Trading internationally by using money appears easy and almost effortless, but the fact is there is a very complex banking system that makes it happen.
Foreign Currency
Currency used in a country other than the home country of the business entity, often involved in international transactions.
Foreign Exchange Gain
A profit resulting from changes in exchange rates when foreign currency holdings are valued at the current exchange rate.
Exchange Rates
The rate at which one currency can be exchanged for another, defining the relative value between two currencies.
Forward Rate
A term used in finance to describe the future exchange rate agreed upon in a forward contract, or the future interest rates as implied by the yield curve.
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