The participants into five groups: consumers, careers, investors, spekulandid, commercial banks, investment banks and central banks.Consumers, including profiles of the countries of the tourists and immigrants do not need to exchange currencies when they travel so they can buy local products and services. They set the price of participation there is no electricity. They just buy and sell the current exchange rate. He built a large part of the traded market.Companies that import and export of goods and services to reach, or perhaps they have bought goods or services may be required to pay for the currency.
Currency speculators investors to buy equities, bonds, deposits or real estate, such as the need to sell.Large commercial and investment banks' price-makers. They buy and sell buy and exchange rates, foreign exchange dealers, through knowledge of the coin.
No comments:
Post a Comment