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6652 Foreign Exchange Peer Review Journals | Open Access Journals
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Accounting & Marketing

ISSN: 2168-9601

Open Access

6652 Foreign Exchange Peer Review Journals

The exchange of one currency for another, or the conversion of one currency into another currency. The market in which participants are able to buy, sell, exchange and speculate on currencies. System of trading in and converting the currency of one country into that of another. Foreign exchange also refers to the global market where currencies are traded virtually around-the-clock. Peer review refers to the work done during the screening of submitted manuscripts and funding applications. This process encourages authors to meet the accepted standards of their discipline and reduces the dissemination of irrelevant findings, unwarranted claims, unacceptable interpretations, and personal views. Publications that have not undergone peer review are likely to be regarded with suspicion by academic scholars and professionals. The value of any particular currency is determined by market forces based on trade, investment, tourism, and geo-political risk. Every time a tourist visits a country, for example, they must pay for goods and services using the currency of the host country. Therefore, a tourist must exchange the currency of his or her home country for the local currency. Currency exchange of this kind is one of the demand factors for a particular currency.Foreign exchange, also known as forex, is the conversion of one country's currency into another.The value of any particular currency is determined by market forces related to trade, investment, tourism, and geo-political risk.Foreign exchange is handled globally between banks and all transactions fall under the auspice of the Bank for International Settlements (BIS).3Another important factor of demand occurs when a foreign company seeks to do business with another in a specific country. Usually, the foreign company will have to pay in the local company's currency. At other times, it may be desirable for an investor from one country to invest in another, and that investment would have to be made in the local currency as well. All of these requirements produce a need for foreign exchange and contribute to the vast size of foreign exchange markets.Foreign exchange is handled globally between banks and all transactions fall under the auspice of the Bank for International Settlements.

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