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Trading Terms

Dealing

Foreign exchange, also known as forex, refers to the global marketplace where different currencies are bought and sold. This market is essential for international trade and investment, allowing businesses and individuals to exchange one currency for another. The value of a currency is determined by its supply and demand, as well as various economic and political factors. As a professor of finance, it is important to understand the intricacies of foreign exchange and its impact on the global economy.

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