What is FOREX?

March 19, 2013 11:55pm CST
i want to know about forex i hear this word on my face book many time i want to know that what is forex
3 responses
• Bangladesh
19 Apr 13
Forex is an online money market place . where you can buy any countries currency and sell other countries currency . If you wanna to more about forex you can search the online 'about forex' . I hope you will get answer .
@mythociate (21437)
• Oklahoma City, Oklahoma
21 Apr 13
Doesn't it also have to do with the US Dollar's status as the world's reserve currency---how (for example) if you're in Germany and want to import oil from Afghanistan, you have to buy American Dollars to use to pay for it?
• India
21 Apr 13
It is foreign exchange. For example, if you buy 100 euros , at the end of year if the rate of euros increases, your will get profit...
@tehpau (340)
• Malaysia
20 Mar 13
Foreign Exchange.