Mention the main functions of foreign exchange market.

1.	Mention the main functions of foreign exchange market.
Answer» 1. Transfering the purchasing power : The main function of foreign exchange market is to transfer the purchasing power between the different countries. 2. Arranging goodwill: Foreign exchange market arranges the goodwill for international trade. 3. Risk management: Foreign exchange market provides the facility of current or post sale and purchase to minimise risk.

Answer»

1. Transfering the purchasing power : The main function of foreign exchange market is to transfer the purchasing power between the different countries.

2. Arranging goodwill: Foreign exchange market arranges the goodwill for international trade.

3. Risk management: Foreign exchange market provides the facility of current or post sale and purchase to minimise risk.

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Mention the main functions of foreign exchange market.

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