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FOREX refers to the Foreign Currency Exchange Market in which over 4,600 International Banks and millions of small INTRODUCTION TO THE FOREIGN EXCHANGE MARKET

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IAS 21 outlines how to account for foreign currency transactions and operations in financial statements, and also how to translate financial statements into a

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operations. To measure the impact of exchange rate movements on a firm that is engaged in foreign-currency denominated transactions, i.e., the implied value-at-risk

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Foreign exchange market - Wikipedia

Foreign exchange also refers to the global market where currencies are traded virtually around-the-clock. The term foreign exchange is usually abbreviated as "forex

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