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Five questions on China's falling forex reserves

The foreign exchange (forex) market is the global financial market in which currencies are traded. Forex trading involves a pair of currencies, for example, US Dollar vs.Forex Glossary Aggregate Total amount of exposure a bank has with a customer for both spot and forward contracts. American Option An option which may be exercised at.

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China expands forex basket, dilutes role of dollar

China said Thursday it would almost double the number of foreign currencies it uses to determine the official value of the yuan, thereby diluting the role of the dollar.

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