FOREIGN EXCHANGE MARKET
IN THE SUBJECT
ECONOMICS OF GLOBAL TRADE AND FINANACE
SUBMITTED BY
CONTENT
Sr. No.
PARTICULARS
Page No. CHAPTER I – INTRODUCTION
1.1
Meaning
1
1.2
Objective Of Study
1
1.3
Research Methodology
1-2
1.4
History
2-5
1.5
Unique Features
5-7
1.6
Functions Of Foreign Exchange Market
7
CHAPTER II – DATA ANALYSIS
2.1
Market Size And Liquidity
8-10
2.2
Market Participants
10-14
2.3
Principals Of Foreign Exchange Dealing
14-16
2.4
Types Of Forex Markets
16-19
2.5
Types Of Exchange Rate
19-20
2.6
Foreign Exchange Rates And Quotations
20-22
CHAPTER III – DATA COMPILATION
3.1
Theories Of Foreign Exchange
23-28
3.2
Foreign Exchange Market In India
28-33
3.3
Difference Between FX And STOCK Markets
33-34
3.4
Reports On Foreign Exchange By RBI
35-37
CHAPTER IV – CONCLUSION
4.1
Conclusion
38
APPENDIX
5.1
Bibliography
39
CHAPTER-I
1. INTRODUCTION
1.1. MEANING
The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends. EBS and Reuters ' dealing 3000 are two main interbank FX trading platforms. The foreign exchange market determines the relative values of different currencies.
The foreign exchange market assists international trade and investment by enabling currency conversion. For example, it permits a business in the United to import goods from the European Union member states especially Euro zone members and pay Euros, even though its income is in United. It also supports direct speculation in the
Bibliography: 2.1. MARKET SIZE AND LIQUIDITY Main foreign exchange market turnover, 1988–2007, measured in billions of USD.