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Lecture 19: Forwards & Futures. First Futures Market: Osaka Begun at Dojima, Osaka, Japan, in 1670s. Worlds only futures market until 1860s. Dojima was.
The Foreign Exchange Market Exchange Rates 1/12/01 German Mark: DM2.0554 per US dollar Japanese Yen: ¥118.53 per US dollar British Pound: $1.4778 per.
FOREIGN EXCHANGE MARKETS 2 The Foreign Exchange includes... Foreign exchange (Fx): money denominated in the currency of another nation or group of nations.
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