Exotic Currency

SUBMITTED BY: L319A

DATE: Sept. 28, 2016, 7:58 p.m.

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  1. Exotic Currency
  2. A foreign exchange term for a thinly traded currency. Exotic currencies
  3. are illiquid, lack market depth and trade at low volumes. Trading an
  4. exotic currency can be expensive, as the bid-ask spread is usually
  5. large
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