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Sep 12, 2020 · Forex is a portmanteau of foreign currency and exchange. Foreign exchange is the process of changing one currency into another currency for a variety of reasons, usually for commerce, trading, or
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Foreign exchange, or forex, is essential to transacting global business. Consumers must convert domestic currency to make overseas purchases, while businesses are concerned with trading international profits for domestic banknotes. Global commerce, however, does carry distinct risks of losses. Effec
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