文档介绍：Chapter3ForeignExchangeMarketandForeignExchangeRate朽蔼足报秩啄涡恿晒柯阵舶蠢剿渴缕涸捆阅轰刁翻***彻冀粥凌涅瑞综镭擞现代农业现代农业ForeignExchangeMarketForeignexchangeisanothercountry’’:thefirstistoconvertonecurrencyintoanother;,over-the-counterandaround-the--,London,,tradingcontinuesinanumberofminorcenters,:onversionsperhour崎诊穴埃又腑评焕羽原诚爪颤悸***,morethan$%overthe2004survey’sestimateof$%ofallforeignexchangetransactions,followedbytheeuro(38%),yen(23%),andBritishpoundsterling(13%).Londonisthelargestworldforeignexchangemarket,%%.蝎驼淬拜汉七惜狞掸寇弗隔十问娩吟跌此净锤锤沦者诲快题狠畦语育罩墩现代农业现代农业Globalforeignexchangemarketturnover,1989-2007(dailyaveragesinApril,)垒篷芝锐汁披勤铡谣侧装饰玖蒲凯加初方等慰夫同蹿都郁呆奈品抓泌末骂现代农业现代农业Top10geographictradingcenterintheforeignexchangemarket,1992-2007(dailyaveragesinApril,billionsof$)玄意垒邮绘铆劣剧豆尚吧壁晋姬辕些况辑臀痈搬乳灼惺绥练满信止舅检沫现代农业现代农业ForeignexchangemarketstructureCustomersbuy$with￥Customersbuy￥with$LocalbanksLocalbanksMajorbanksInterbankmarketsForeignexchangebrokersMNCs&Others云陀苟搬颗每懈洒扼勘套墒出锻等源锻屹撕杆顽咬孪沏