The main reason for forex market is to facilitate international trade and investment and allowing business to convert the currency from one country’s currency to other country’s currency. Forex market is one of the largest markets worldwide.
Forex is counted as one of the largest and most liquid financial market in the world. One country has the opportunity to covert the currency they wish to through forex. Forex rates are likely to change because of political scenario nationally or internationally. Fluctuations in the exchange rate change will cause one currency to lose its value and in the mean time increase the value of another currency.