Which of the following institutions is the most important participant in foreign currency markets?
A)A retail customer
B)A commercial bank
C)A foreign exchange broker
D)A central bank
E)None of the above.

Question

Quizplus · Accepted Answer

Commercial banks are the most important participants in foreign currency markets as they facilitate currency exchange for businesses, governments, and individuals, and often act as market makers.

Which of the Following Institutions Is the Most Important Participant