The major players in the foreign exchange market are:

a. Commercial banks: These institutions exchange currency with each other for their own accounts and for their customers. They also provide foreign exchange services to individuals and businesses.

b. Exchange brokers: These are intermediaries who match buyers and sellers of different currencies. They earn a commission for their services.

c. Corporates: Large multinational corporations need to exchange currencies for their international operations. They can also influence the foreign exchange market through their large transactions.

d. Central bank of the country and the central government: They can influence the foreign exchange market through their monetary policy decisions and interventions. They can also be major buyers or sellers of their own currency in the foreign exchange market.

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The major players in the foreign exchange market are:

a. Commercial banks: These institutions exchange currency with each other for their own accounts and for their customers. They also provide foreign exchange services to individuals and businesses.

b. Exchange brokers: These are intermediaries who match buyers and sellers of different currencies. They earn a commission for their services.

c. Corporates: Large multinational corporations need to exchange currencies for their international operations. They can also influence the foreign exchange market through their large transactions.

d. Central bank of the country and the central government: They can influence the foreign exchange market through their monetary policy decisions and interventions. They can also be major buyers or sellers of their own currency in the foreign exchange market.

Knowee AI · Accepted Answer

The major players in the foreign exchange market are:

a. Commercial banks: These institutions exchange currency with each other for their own accounts and for their customers. They also provide foreign exchange services to individuals and businesses.

b. Exchange brokers: These are intermediaries who match buyers and sellers of different currencies. They earn a commission for their services.

c. Corporates: Large multinational corporations need to exchange currencies for their international operations. They can also influence the foreign exchange market through their large transactions.

d. Central bank of the country and the central government: They can influence the foreign exchange market through their monetary policy decisions and interventions. They can also be major buyers or sellers of their own currency in the foreign exchange market.

he major players in the foreign exchange market are:Select one:a.Commercial banksb.Exchange brokersc.Corporatesd.Central bank of the country and the central government

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