Foreign Exchange Markets Summary
April Colvin
March 4, 2012
instructor Arron Hensley
INB/205
Axia College of the University of Phoenix
Foreign Page 2
The Use of Foreign Exchange Markets by Non- bounds
The bank of England, as a part of its Market give-and-take programme, monitors the
development in a range of financial foodstuffplaces that ply information that is gathered from contacts into
its monetary and its financial stability polity process. The Bank is provided with intelligence insight
that insights into a variety of rapidly evolving markets, including the alien exchange market, where
the turnovers have more than trebled over the past decade. This draws on the intelligence, economic
theory and market data to shed the light on the role of non-bank participants, both financial and
non-financial that may play in the foreign exchange market.

The Bank of Englands Market
Intelligence programme is baffling with having frequent meetings and conversations with the Banks
staff and a wide range of market participants, which allows it to have a better understanding of the
developments in a range of financial markets. This market gathers information that helps inform
policies that ar aimed at ensuring both financial and monetary stability, the Banks two purposes.
An average day-by-day turnover in global foreign exchange market has more than trebled over the past
decade reaching around $4 trillion in 2010, according to the BIS Triennial Central Bank Survey.
Sterling is the fourth most traded currency-behind the US dollars, the euro and the Japanese yen- and
is utilize in around 6% of all transactions. There are a wide range of participants in the foreign exchange
market. They finalize under three categories: 1) Banks, 2) other financial companies, 3) non-financial
companies....If you want to wee a full essay, order it on our website: Orderessay
If you want to get a full essay, wisit our page: write my essay .
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.