Primary functions of the foreign-exchange market
Question:
What are the primary functions of the foreign-exchange market? Who are the participants in the market? How do global companies use the foreign-exchange market to hedge against foreign-exchange risks?
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What are the primary functions of the foreign-exchange market? Who are the participants in the market?
Its manager stated that it did not want to pursue a project that had a one-in-three chance of having a negative NPV.
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