In terms of the dollar value of transactions for all currencies,which of the following foreign exchange participants was the most heavily used in the most recent period?

Question

Quizplus · Accepted Answer

Foreign financial institutions typically have access to a larger volume of transactions and are often involved in cross-border trades, making them the most heavily used participant in terms of dollar value of transactions for all currencies. Non-financial institutions and Australian financial institutions may also play a significant role, but not to the extent of foreign financial institutions.

In Terms of the Dollar Value of Transactions for All