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Important Terms in FOREX

Discuss Important Terms in FOREX within the Financial Management forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; Important Terms Devaluation Revaluation Depreciation Appreciation Two Way Quote Bid Rate Rate at which the trader will buy the currency ...

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Important Terms in FOREX
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Abhijeet S
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Important Terms in FOREX - September 3rd, 2010

Important Terms
  • Devaluation
  • Revaluation
  • Depreciation
  • Appreciation


Two Way Quote

Bid Rate

Rate at which the trader will buy the currency

Ask Rate

Rate at which the trader will sell the currency


Methods of Quoting
  • Direct Quotes
  • 1 USD = 48.30 INR
  • Indirect Quotes
  • 2.3 USD = 100 INR
  • Cross Quotes
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