Thursday, April 28, 2011

Foreign Exchange Market of Pakistan

In the exchange market Forex or fx market where currency trading takes place. In terms of banks and other official institutions to facilitate the buying and selling foreign currencies. currency transactions typically involve one party purchasing a quantity of one currency in exchange. Began the foreign exchange market that we see today evolved during the 1973 when countries worldover gradually shifted to a floating exchange rate of the former exchange rate regime, which has been fixed in with the Bretton Woods system until 1974. The purpose of the foreign exchange market is to facilitate trade and investment. The need for a foreign exchange market arise because hot Photos Girls.

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