Välisvaluutaturu
Välisvaluutaturu, also known as the foreign exchange market or forex market, is a global decentralized or over-the-counter market that determines the exchange rates for all currencies. It is the largest and most liquid financial market in the world, with trillions of dollars traded daily. This market facilitates international trade and investment by allowing businesses and individuals to convert one currency into another. Participants in the välisvaluutaturu include central banks, commercial banks, investment firms, hedge funds, and individual traders.
The välisvaluutaturu operates 24 hours a day, five days a week, with trading centers in major financial
The primary functions of the välisvaluutaturu are to facilitate currency conversion, provide hedging opportunities against currency