The Foreign Exchange Market

The Foreign exchange is the act by which we exchange the currencies of different nations. Coins take the same form as the currency within a country. The bulk of monetary assets traded on foreign exchange markets are deposits in banks. The exchange rate
is the price of the currency of a country in terms of the currency of another.
There are two types of exchange rates, according to the date of exchange of real currency: the exchange rate Cash is the price for a transaction "immediate" (one or two days maximum for large transactions), the exchange rate is the price for a transaction that will occur at a at some time in the future, in 30, 90 or 180 days. Transactions in cash only that 40% of transactions. The foreign exchange market is clearly a forward market.
An exchange rate can be expressed in two ways: The listing on the "some" is to give the number of foreign monetary units equivalent to a unit of local currency rating to " uncertainty indicates the number of local currency units for one unit of currency foreign. For example, 20 January 1999, the euro price was U.S. $ 1.1571 in Paris (to quote some), or yet the dollar against euro was at 0.86472 (listing to uncertainty). When the euro appreciates against other currencies, the value quoted in certain amounts, but its market value to uncertainty decreases. Presentations subsequent tables and graphs focus on the exchange listing to uncertainty.