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social science subjects > business and management > finance > international finance > foreign exchange markets
social science subjects > business and management > international business > international finance > foreign exchange markets
... > social science subjects > business and management > finance > international finance > international monetary system > foreign exchange markets
... > social science subjects > business and management > international business > international finance > international monetary system > foreign exchange markets
... > social science subjects > business and management > finance > monetary systems > international monetary system > foreign exchange markets
... > social science subjects > economics > macroeconomics > monetary theory > monetary systems > international monetary system > foreign exchange markets
social science subjects > economics > economic concepts > market (economics) > foreign exchange markets
social science subjects > politics and international relations > governance > market (economics) > foreign exchange markets
... > social science subjects > business and management > management settings > business management > governance > market (economics) > foreign exchange markets

Preferred term

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 concept

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URI

https://concepts.sagepub.com/social-science/concept/foreign_exchange_markets

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