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What is the meaning of foreign exchange firm deal

by Victor

It refers to a transaction method unique to China. Individuals can conduct transactions through the Internet, telephone, bank counters and self-service terminals after opening a transaction account in a bank.

For example: The exchange of one type of freely convertible foreign currency or foreign currency held by a customer through a domestic commercial bank into another type of freely convertible foreign currency or foreign currency. The United States and Japan rallied on the Fed‘s more hawkish stance, the Queen’s death and the Bank of England‘s interest rate hike expectations cooled, the pound continued to come under pressure.

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Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.

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