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what is forex management?

Answer Posted / khemraj k

forex management:

Foreign exchange, or forex, is essential to transacting global business. Consumers must convert domestic currency to make overseas purchases, while businesses are concerned with trading international profits for domestic banknotes. Global commerce, however, does carry distinct risks of losses. Effective forex management minimizes these economic risks, while providing cash flow to meet everyday expenses and improve earnings.

Read more : http://www.ehow.com/about_6554689_forex-management_.html

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