Important Terms in FOREX

abhishreshthaa

New member
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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