international currency transactions are conducted by

Question

Quizplus · Accepted Answer

Major banks are the primary participants in international currency transactions due to their ability to offer a wide range of currency-related services, including trading, hedging, and financing. While the other options may also participate in such transactions, they are not the primary players. Arbitrageurs engage in buying and selling (or similar activities) in different markets in order to profit from differences in prices, while speculators seek to profit from predictions about exchange rate movements. Hedgers use financial instruments such as futures contracts or options to manage currency risk.

International Currency Transactions Are Conducted by