Jamaica's Usain Bolt earned a double and claimed a record 10th gold medal with a convincing victory in the 200 meters on Thursday at the World Athletics Championships in Beijing, denying rival Justin Gatlin with a time of 19.55.
Foreign exchange markets facilitate the trade of one foreign currency for another. Most exchanges are made in bank deposits and involve U.S. dollars. Over a trillion dollars in foreign exchange trades take place every day; foreign exchange dealers handle most transactions.
What is the 'Foreign Exchange'. Foreign exchange is the exchange of one currency for another or the conversion of one currency into another currency. Foreign exchange also refers to the global market where currencies are traded virtually around the clock. The largest trading centers are London, New York, Singapore and Tokyo.