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What is spot money?

by admin

Spot exchange refers to all kinds of payment certificates expressed in foreign currencies, which can be circulated and transferred in the international market and can be freely converted into currencies of other countries.

Currencies of major Western countries, such as,,, and the German mark.

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Spot exchange refers to the free trade in the international financial market, also known as “free foreign exchange“.

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A widely used foreign exchange that is reimbursable internationally and freely convertible into the currencies of other countries.

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The countries issuing these currencies have relatively loose controls on foreign exchange, some of which have even been basically abolished, while others have strict controls on foreign exchange, and their currencies cannot be freely converted into internationally accepted foreign currencies.

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