Advertisements

Some characteristics of foreign exchange

by admin

1, foreign exchange has foreign currency, foreign exchange funds are more used by foreign countries.

As the name implies, foreign exchange certainly has some relationship with assets that are not domestic currency.

Advertisements

For example, the currency of other countries, are a kind of foreign exchange assets.

Advertisements

2. Foreign exchange is liquid and can be recognized around the world.

Advertisements

Because the currency in the foreign exchange can be exchanged in each country into its own currency.

For example, to, in this case, can reflect the liquidity of foreign exchange.

Moreover, the currency exchanged for foreign exchange also has the nature of money and the function of payment.

3. Foreign exchange is compensable and can be used to repay debts.

This feature is caused by the liquidity of foreign currency, because foreign exchange assets do not refer to a currency, so foreign exchange can also be used to repay investors’ debt problems.

Advertisements

You may also like

blank

MydayFinance (www.mydayfinance.com) is a comprehensive foreign exchange industry website, providing global users with 24-hour comprehensive and timely foreign exchange market information, foreign exchange rate real-time query, foreign exchange rate conversion and other content.【Contact us: [email protected]

© 2024 Copyright  mydayfinance.com