The foreign exchange market is the most actively traded market in the world, with trillions of dollars in currencies changing hands each day. Foreign exchange markets exist in major cities around ...

Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate This paper offers guidance on the operational aspects of official intervention ...

Confidence ranked second right after "guts" in qualities important in new traders. The foreign exchange market includes trading between large banks, central banks, currency speculators, corporations, ...

A nation can turn to its foreign exchange reserves in case of emergencies, such as meeting deadlines on overseas debt payments. Foreign exchange reserves are a nation’s holdings of other ...

was not enough to calm devaluation expectations or improve the inflow of foreign exchange into the exchange market. With cash deals in the wholesale market whose volume is not appreciably ...

It draws for the first time on detailed survey data collected by the IMF on foreign exchange market organization and regulations. Key findings are that decentralized dealer markets, regulations on the ...