Forex Transactions indicate the sale and purchase of foreign currencies. It is an agreement of exchanging currency of one country for the currency of the other at an agreed exchange rate on a pre-determined date.
source https://www.caclubindia.com/articles/understanding-forex-transactions-with-associated-risks-44938.asp
source https://www.caclubindia.com/articles/understanding-forex-transactions-with-associated-risks-44938.asp
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