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Understanding The Interbank Market In Forex by Kremlinred: 8:25am On Aug 21, 2024 |
Understanding the Interbank Market in Forex The interbank market in Forex is a global, decentralized network where large banks and financial institutions trade currencies directly with each other. This market operates 24/7, providing essential liquidity and setting exchange rates through supply and demand. Transactions are mostly conducted over-the-counter (OTC), meaning they occur directly between two parties rather than through a centralized exchange. Key points include: 1. The main participants are large banks, financial institutions, and sometimes central banks. 2. The market is decentralized with no central exchange. 3. It is the most liquid part of the Forex market. 4. Most trades are OTC, privately negotiated between parties. 5. Interbank activities directly influence retail exchange rates. LinkedIn: https:///3yRJkVp 📈 📉 FB: https:///4bWFg4H 📈 📉 YouTube: https:///3yLvlkg 📈 📉 Tiktok: tete_capital 📈 📉 +2348051562563, +2348136337484, ttimothyudu@gmail.com
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