Question : Which of the following is not a major participant in the foreign exchange market?
Option 1: Commercial banks
Option 2: Central banks
Option 3: Hedge funds
Option 4: Retail investors
Answer (1)
16th Jan, 2024
Correct Answer: Retail investors
Solution : The correct answer is d) Retail investors.
Retail investors are not considered major participants in the foreign exchange market. The foreign exchange market primarily involves commercial banks, central banks, and hedge funds. Retail investors, on the other hand, typically engage in foreign exchange trading through intermediaries such as commercial banks or online trading platforms, but they are not typically major players in the overall market.
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