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What role do commercial banks play in the foreign exchange market, and why is their participation important?a)Commercial banks provide monetary policy guidance.b)Commercial banks issue foreign currencies.c)Commercial banks offer foreign exchange risk management solutions.d)Commercial banks control exchange rate movements.Correct answer is option 'C'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What role do commercial banks play in the foreign exchange market, and why is their participation important?a)Commercial banks provide monetary policy guidance.b)Commercial banks issue foreign currencies.c)Commercial banks offer foreign exchange risk management solutions.d)Commercial banks control exchange rate movements.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What role do commercial banks play in the foreign exchange market, and why is their participation important?a)Commercial banks provide monetary policy guidance.b)Commercial banks issue foreign currencies.c)Commercial banks offer foreign exchange risk management solutions.d)Commercial banks control exchange rate movements.Correct answer is option 'C'. Can you explain this answer?.

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