Who are the market participants in the foreign exchange market? Explain how each participant contributes to market activities.

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31-05-2022
Business

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Who are the market participants in the foreign exchange market? Explain how each participant contributes to market activities.

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nikitavidya0 nikitavidya0 · Answer 1 · 2022-06-14T02:30:09-04:00

The market participants in the foreign exchange market are commercial banks, Foreign exchange brokers, Central bank, MNCs and Individuals and Small businesses.

What is Market?

Market is the place where exchange of goods and services takes place in return of the money. Money is the value provided by the buyer to the seller of the product.

The commercial banks provides the deposits of the public as the saving to the people who are need of the money in this way they supply the money in the market.

The Central bank regulates the flow of the money by implementing the monetary policy and keeps in check the inflation rates in the market. All the MNC's and small businesses launches the product in the market and fulfills the need of the customer.

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What is Market?

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