What is the foreign exchange market
{"Image DocumentName": "What Is Foreign Exchange?", "Image ImageDescription": "Discussion of foreign exchange involves the currency, market, rate and players in the market. Each institution has a specific role. Foreign exchange currency: money denominated in the currency of another nation or group of nations. Foreign exchange market: where foreign exchange transactions take place. Exchange rate: the price of a currency. Players in the foreign exchange market include. Reporting dealers. Financial institutions. Nonfinancial institutions. What is foreign exchange? It\u2019s money denominated in the currency of another nation or group of nations. It can be in the form of cash, funds available on credit and debit cards, traveler\u2019s checks, bank deposits, or other short-term claims. Copyright \u00a9 2015 Pearson Education, Inc.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}