World's Central Banks

A Central Bank is a financial institution that controls country’s monetary policy, and usually has several mandates including, but not limited to issuing national currency, maintaining the value of the currency, ensuring financial system stability, controlling credit supply, serving as a last-resort lender to other banks and acting as government’s banker. The central bank might be or might not be independent the government. In theory independent central bank, will ensure there is no political influence over the central banks policy, however even with the so-called "independent central banks" that is not always the case.

The central (State) banks of the different countries with name of bank and flag of the country.

World's Currencies

The use of money evolved out of deeply rooted customs as is shown by the study of primitive forms of money, e.g. cattle, cowrie shells, whales teeth and manillas (ornamental jewellery). The clumsiness of barter was merely one factor in the development of money, and not the most important one. Banking was invented before coins and reached a high level of sophistication in the Egypt of the Ptolomies. Military conquests, such as those of Alexander the Great, spread the use of coins which became the most convenient means of payment.

The currencies of the world with country capital, flag and currency name and abbreviations.

Forex Overview

Introduction

The following facts and figures relate to the foreign exchange market. Most of the information comes from the Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity conducted by the Bank for International Settlements (BIS) in April 2004, and published in March 2005. 52 central banks and monetary authorities participated in the survey, collecting information from approximately 1200 market participants.

Structure

Trading Guidance

In recent years, the foreign exchange market could favor more and more people, it becomes a favorite for the international investors, and this is strongly related to the characteristics of the Forex market. The main characteristics of the foreign exchange market are:

No trading field:

The finance industry in the western countries consist two sets of systems, namely the centralism business central operation and there is no fixed place for such business network.