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Simple English definitions for legal terms

foreign-exchange market

Read a random definition: mergee

A quick definition of foreign-exchange market:

The foreign-exchange market is a place where people trade different types of money from around the world. It's like a big store where you can buy and sell money. Sometimes people buy money because they think it will become more valuable in the future, and sometimes people sell money because they need a different type of money for something they want to buy. There are different parts of the market where people can trade money right away or agree to trade it in the future.

A more thorough explanation:

The foreign-exchange market is a place where different currencies are traded internationally. This market can take the form of spot, futures, and options markets. In simpler terms, it is a place where people can buy and sell different currencies from around the world.

For example, if someone from the United States wants to buy something from a seller in Japan, they will need to exchange their US dollars for Japanese yen. This exchange will take place in the foreign-exchange market, where the buyer and seller will agree on a price for the exchange.

Another example is when a company in Europe wants to invest in a business in the United States. They will need to exchange their euros for US dollars to make the investment. This exchange will also take place in the foreign-exchange market.

The foreign-exchange market is important for international trade and investment because it allows people and companies to exchange different currencies and make transactions across borders.

foreign exchange | foreign-exchange rate

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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