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Revenue Foreign Exchange Popular Q&A
Q: How to Sell Foreign Exchange.
A: 1. Determine the current value of the currency you are selling in terms of the currency in which you will be paid for the transaction. This is called the exchan... Read More »
Q: What Is a Foreign Exchange Contract?
A: The modern foreign exchange system has its roots in the 1944 Bretton Woods agreement, signed by the soon-to-be victorious Allied powers to simplify internationa... Read More »
Q: Why generate foreign exchange?
A: To buy crude oil, aircrafts and spare partsfrom Boeing or Airbus, ships from Korea or Japan, machinery for the industries, apples and toys from China, oats from... Read More »
Q: What is foreign exchange hedging?
A: hedging is a way to get yourself protected against a big loss. You can even make an analogy of a hedge as having insurance for your trade. With forex hedging, y... Read More »
Q: What determines the foreign exchange rate?
A: The foreign exchange rate is the amount of money you need to spend in one currency to purchase another. This process is frequently called "currency conversion."... Read More »