Q128
The major players in the foreign exchange market are.
A.
commercial banks
B.
corporates
C.
exchange brokers
AnswerD.
central bank of the country and the Central Government
Answer: Option C
Solution
Answer: Option C
Solution:
The major players in the foreign exchange market are exchange brokers. A foreign exchange broker (also known as an FX broker or a forex broker) buys and sells currencies on behalf of clients while charging a commission for the service.