An exchange rate is how much one currency is worth in terms of another currency. Most exchange rates change freely, going up ...

Spot trading, which is trading of currencies at their most recent rates, is the second most active instrument on the foreign exchange market. Other types of instruments include options ...

Foreign exchange reserves are important in helping to support a country’s monetary system and exchange rate. Reserves can also be maintained as a means of demonstrating a country’s ability to ...

A foreign exchange "service" is not the same as a foreign exchange "station" (see FXS). THIS DEFINITION IS FOR PERSONAL USE ONLY. All other reproduction requires permission.

Today’s system of exchange rates act as the lynchpin of the age of globalisation ... Yet, trouble in the system began as military spending, foreign aid and international investment in the 1960s meant ...