Q. Which entity is considered the apex body or the banker's bank in the foreign exchange market?

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Q. What role does the Central Bank play in the foreign exchange market?

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Q. What is the role of MNCs in the foreign exchange market?

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Q. What significant role do Hedge Funds play in the foreign exchange market?

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Q. What role do Investment Bankers play in the foreign exchange market?

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Q. Who are the indirect players in the foreign exchange market that participate through banks, brokers, or investment institutions?

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Q. What is the role of brokers in retail foreign exchange trading?

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Q. How do primary price makers or professional dealers operate in retail foreign exchange trading?

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Q. What distinguishes Non-Banking Financial Companies from brokers in the foreign exchange market?

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Q. What services do Money Transfer Companies offer in the foreign exchange market?

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Q. What is Purchasing Power Parity (PPP) and when was it popularized?

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Q. What is the focus of Absolute Purchasing Power Parity?

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Q. According to Absolute Purchasing Power Parity, how is the exchange rate (Pxy) calculated?

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Q. What does Relative Purchasing Power Parity state about the relationship between exchange rates and inflation rates?

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Q. What does Relative Purchasing Power Parity acknowledge about markets?

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Q. What organization has devised codes and symbols for currencies to be used in international bank transactions?

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Q. When did the modern foreign exchange market start to develop significantly?

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Q. Who are the main participants in the foreign exchange market?

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Q. What is the foreign exchange market sometimes called due to the active involvement of banks in trading?

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Q. How does the foreign exchange market support international trade and investment?

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