crazylover
Thursday, May 7, 2009
Functional Environment
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Complex: The unpredictability of international events, conditions and influences provides complexity. The accounting standards of var...
International Monetary System (International Financial System)
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Every country has its own monetary system to facilitate trade and investment. The Central Bank of the country administers monetary policy....
Money Management Decisions
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Money Management Decisions: Decisions about efficient management of resources, especially foreign exchange risk management, cost reduction...
Foreign Exchange Market Terminology
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Bid: The rate at which traders buy foreign exchange (buying rate). Offer : The rate at which traders sell foreign exchange (selli...
Futures
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It is an agreement between two parties to buy or sell a particular currency at a particular price on a particular future date. A contact i...
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