What is the Foreign Exchange Market It is the framework for the exchange of one national currency for another. The foreign exchange market for any currency is comprised of all the locations where the currency is exchanged for other currencies. These different monetary centers are connected electronically and are inconstant
contact with one another, thus forming a single
international foreign exchange market. It is a global market in the sense that currency transactions now require only a few seconds to execute and can take place 24 hours per day.
