What comes under foreign exchange?
What exactly falls under the umbrella of foreign exchange? Is it simply the buying and selling of one currency for another, or does it encompass a broader range of activities and transactions? Are there specific rules or regulations that govern foreign exchange, and if so, who enforces them? Additionally, how does the global economy and international trade play a role in shaping the foreign exchange market? Lastly, what are some of the key factors that can impact the value of currencies and their exchange rates?