foreign exchange markets
definition: A foreign exchange market is the institution for the exchange of one state's currency with that of another state; actually, “the market” is made up of many different markets because the trade between individual currencies—say, the euro and the U.S. dollar—each constitutes a market. The foreign exchange (or forex or FX) markets are the original and oldest financial markets and remain the basis upon which the rest of the financial structure exists and is traded in: Foreign exchange markets provide international liquidity, preferably with relative stability. [Source: Encyclopedia of Governance; Foreign Exchange Market]
broader: market (economics)
broader: international monetary system
broader: international finance
type: Concept

international monetary system
type: Concept
narrower: foreign exchange markets

international finance
type: Concept
narrower: foreign exchange markets

concepts
type: Collection
type: ConceptGroup
member: foreign exchange markets

market (economics)
type: Concept
narrower: foreign exchange markets