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Foreign Exchange Market - PDF

   

Added on  2021-06-15

15 Pages1353 Words65 Views
Currency ConsultantsA help in Foreign Exchange Market
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IntroductionThe currency consultancy helps the different organizations dealing in International Trade with their foreign currency exchange.The governmental role in the development of the entrepreneurs in a country plays an important role as they provide them with necessary resources.The currency consultancy business needs to focus on number of factors ranging from the governmental viability to the international foreign exchange market to the trade relations for the success.
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Currency ConsultingThe establishment of a business in a market need the understanding of local market needs (Baker, 2016).The values of the currencies are liable to change with the changes in the international trade market. There is a large base of the stakeholders in the different operations whose busies depends on currency fluctuation and changes.
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Role in BusinessTarget market is the set of consumer to whom the different businesses wish to market their products (Armstrong et. al., 2015)Australia is a major importer of the goods like coal, wool, alumina wheat and iron. The main imports include machinery, crude oil and electronic items (Economy Watch, 2010). The target market of the business will include the exporters and importers who have an annual turnover more than AUD 200000.
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