forex indicator

During the fifteenth century the Medici family were required to open banks at foreign locations in order to exchange currencies to act for textile merchants.[9][10] To facilitate trade the forex indicator bank created the nostro (from Italian translated – "ours") account book which contained two columned entries showing amounts of foreign and local currencies, information pertaining to the keeping of an account with a foreign bank.[11][12][13][14] During the 17th (or 18th ) century forex indicator Amsterdam maintained an active forex market.[15] During 1704 foreign exchange took place between agents acting in the interests of the nations of England and Holland

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