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单词 foreign exchange markets
释义 foreign exchange markets

The markets where foreign exchange is traded. This includes both spot markets, for immediate delivery, and futures markets for delivery on future dates at pre-arranged prices. There is no one place for this market, which operates via computer and telephone connections. The total turnover of world foreign exchange markets is enormous; it is many times total international trade in goods and services.

See also:

intervention in foreign exchange markets

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