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Distinguish between the spot and forward markets, for foreign currencies. Why is it necessary to...

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Finance

Distinguish between the spot and forward markets, for foreign currencies. Why is it necessary to have two markets rather than one?-

What are the principal factors affecting the value of any particular foreign currency in the international exchange markets?-

Exactly what is meant by the phrase INTEREST RATE PARITY?

Who are the market participants in the foreign exchange markets?-

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