FOREX Market

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Across
  1. 2. Rate at which the price of two currencies are predetermined but transactions will take place at some specified time in the future
  2. 4. excahnge rate that is determined by the government
  3. 5. Rise in the value of a currency
  4. 6. One of the main function of forex market which speaks about minimizing risks
  5. 8. Fall in the value of a currency
  6. 10. day-to-day rate in which the transaction has a two day delivery date
  7. 12. Developed the PPP theory
Down
  1. 1. act of simultaneously buying and selling of foreign currencies with an objective of making profits
  2. 3. exchange rate depending on the market forces of demand and supply
  3. 7. Considered as the largest and most liquid market in the world
  4. 9. One of the participant of forex market
  5. 11. Operation wherein two parties exchange currencies for a certain length of time and agree to reverse the transactions at a later date