FX fact: early FX markets
NEWS
Although the FX markets as we know them have been in existence for around half a century following globalisation and closer cross-border integration, the origins of foreign exchange can be traced back to Ancient Greece and the Middle East. Money changers were a familiar fixture in market places and harbours of the time. In addition to exchanging money, the changers also acted as bullion dealers serving international trade.
The rise of the Romans saw foreign coins circulating throughout the Roman
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