In the Saturday, 17 May 2025 edition of this column, I titled it "Let's talk forex". In this week's edition, we will talk forex again but this time looking at how this 24-hour market actually works.
Every time you exchange Ghana Cedis for US Dollars at the forex bureau, import goods from China or send money to family abroad through legitimate channels,you are participating in the largest financial market on earth: the Foreign Exchange Market or FX.
Unlike stock exchanges around the world, which have opening and closing times, the FX market never sleeps. It runs 24 hours a day, moving an amount of money that is difficult to comprehend.
