Traditional Culture Encyclopedia - Traditional stories - Foreign exchange and financial relations

Foreign exchange and financial relations

Foreign exchange belongs to the financial industry.

Simply put, foreign exchange trading is a currency swap between one country and another, and traders get benefits from the fluctuation of currency exchange rate. Investors can not only buy at a low price and sell at a high price for profit, but also sell at a high price and then buy at a low price for profit, which means that foreign exchange trading can make money anyway. Moreover, foreign exchange deposits can enter and leave the market 24 hours a day, and investors can respond immediately to any news anytime and anywhere, and the investment process is very flexible and reliable.