Forex is a popular currency trading, commonly used for the word ‘foreignexchange.’ It comes to use when people travel to another country, whatever may be the reason, they will be exchanging their currency to the current residing country’s currency. And so, the foreign exchange or Forex is conducted. Considered as the biggest financial market in the world, the foreign exchange market revolves around 5 trillion dollars per day in the transaction, according to the researchers. It plays a huge role in the economic state of a particular country where Forex is practiced.
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