Which major actor is at the center of the foreign exchange market?
A) corporations
B) central banks
C) commercial banks
D) non-bank financial institutions
E) individual firms

Question

Quizplus · Accepted Answer

Commercial banks are at the center of the foreign exchange market because they facilitate most foreign exchange transactions through buying and selling currencies, acting on behalf of clients, and trading for their own accounts.

Which Major Actor Is at the Center of the Foreign