What does Forex rebate k forexrebateindonesiag cashbackinforex mean Foreign exchange is a payment certificate expressed in foreign Forexrebateking for international settlement The International Monetary Fund explains foreign exchange as follows: foreign exchange is a claim that the monetary administration (central bank, monetary institution, foreign exchange equalization fund cashback forex the Ministry of Finance) keeps in the form of bank deposits, treasury bills, long and short-term government securities that can be used when the balance of payments is in deficit, including: foreign currency The concept of foreign exchange has a double meaning, that is, there are dynamic and static foreign exchange static Concept, and divided into a narrow sense of the concept of foreign exchange and the concept of foreign exchange in a broad sense The narrow sense of foreign exchange refers to foreign currency, generally accepted by all countries, can be used for international settlement of claims and debts of all kinds of means of payment It must have three characteristics: payability (must be expressed in foreign currency assets), accessibility (must be able to get compensation in foreign claims) and convertibility (must be freely convertible) Foreign exchange in a broad sense refers to all assets owned by a country that are denominated in foreign currencies. The International Monetary Fund (IMF) defines foreign exchange as claims held by the monetary administration (central banks, monetary authorities, foreign exchange equalization funds, and ministries of finance) in the form of bank deposits, treasury bills, and long- and short-term government securities that can be used in the event of a balance-of-payments deficit. The Regulations on Foreign Exchange Management promulgated by China in 1997, as amended, stipulate that foreign exchange refers to the following means of payment and assets expressed in foreign currencies that can be used for international settlement: (a) foreign currencies, including minted coins, banknotes, etc.; (b) foreign currency payment certificates, including bills, bank deposit certificates, postal savings certificates, etc.; (c) foreign currency securities, including government bonds, treasury bills, corporate bonds, stocks, coupons, etc.; (d) foreign currency securities, including government bonds, treasury bills, corporate bonds, stocks, etc. (d) special drawing rights, European currency units; (e) other foreign exchange assets The dynamic concept of foreign exchange, refers to the flow of currency between countries, as well as the exchange of a countrys currency into another countrys currency, in order to settle international debts, debts between the relationship of a specialized business activities it is the international exchange (ForeignExchange) for short Many users have heard Over, understand foreign exchange, must first understand more about the market, then all the foreign exchange operations constitute the foreign exchange market