Iliana T. Jemison
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What is the most important function of foreign exchange market?
What is the most important function of foreign exchange market?
- Thread starter Iliana T. Jemison
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Margaret R. Jackson
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The main function of foreign exchange is to transfer money between countries. The foreign bill of exchange is the instrument normally used. The instrument most in use in foreign payments is the Telegraphic Transfer (T. T).
