Trading in Foreign Currencies

Q: 1) Is it permissable for me to buy foreign currency at lower than the market rate in this way, that the seller gives me the pounds, we agree on a rate then I give him the money later?2) How is the market rate calculated? Will the spot rate be considered (what we hear on […]

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Trading in Foreign Currencies

Q: 1) Is it permissable for me to buy foreign currency at lower than the market rate in this way, that the seller gives me the pounds, we agree on a rate then I give him the money later?2) How is the market rate calculated? Will the spot rate be considered (what we hear on […]

Read More