How are foreign exchange transactions between international banks settled?, business and finance homework help

Week 2 Discussion 2

Please respond to the following:

  • Who are the market participants in the foreign exchange market? (List and define all participants). Be sure to review the textbook to answer these questions.
  • How are foreign exchange transactions between international banks settled?
  • Please provide a specific example of a foreign exchange transaction between international banks.

Cite your sources.

 
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