I don’t understand the following statement. “Every currency trade involves borrowing one currency to buy another”
I thought one currency is either bought/ sold while the other is bought/sold. Where does the whole borrowing thing come in?
I don’t understand the following statement. “Every currency trade involves borrowing one currency to buy another”
I thought one currency is either bought/ sold while the other is bought/sold. Where does the whole borrowing thing come in?
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