banking forex business

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can anyone give me any info. on banking forex business?
Replies (8)

what do u want to know abt business forex business?

I wanna info. on its practical aspects...I mean how actually works ...u can say the whole procedure....

Actually, there are two rates for foreign currency like in stock market. Eg:- $1 :  Rs 45.60-45.80.

First one is buying rate for bank . It means selling rate for us.

Other is selling rate for bank , i.e. buying rate for us.

do u have any article on banking forex busi??

No, i ve not article on it.

R u C.A. Final student?

If u want to know any thing abt this topic, you can ask.

no, Im pcc student..and I have studied banking chapter in accounts found it pretty intersting...so intrested to know. how practically it works...anything else u want to share ....from ur side

ok, actually this is the part of c. a. final course.- S. F. M. In IPCC accounts, only accounting part for NPA, Provisioning, Income recognition, final accounts, bills of exchange etc is covered.

Anyway, if any help u want, welcome. 

thanks...


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