BANK NHB Assistant Manager (Generalist) Mock Test Series Banking and Financial Awareness Financial Markets
Choose the wrong statement about Forex Markets.
1
The forex (foreign exchange) market is the market in which participants can buy, sell, hedge, and speculate on the exchange rates between currency pairs.
2
The forex market is the most liquid market in the world, as cash is the most liquid of assets.
3
The forex market is made up of banks, commercial companies, central banks, investment management firms, hedge funds, and retail forex brokers and investors.
4
Euro is the most traded currency in the forex market.
5
London Stock Exchange is the largest forex market in the world.