History of Forex Trading

In my last post i talked about the Introduction of Forex trading. in this post i will be discussing about the history of forex trading that when it came into existence and how it moved and changed during the years. before for the value of goods the term was not existing and goods was changed for good but later on currency came into existence which made exchange of good easy. history of forex trading is also that old how old of currency because they are almost the same things. economy gold and silver has still value of goods. its means that payment is still reliable. after it coins was used in 1880 for the exchange of good of economy of the money. then fostering exchanging for the gold and coings banking is also very old just like Forex trading history is very old. now the paper money was came into existence after the coins and ballooning supply started increasing.

after world war two the stages of Forex trading history bretton woods conference wash held in 1944 where it was decided to make the forex trading officially an business. IMF and world bank done a agreement and Tariff for it and system of the fix exchanging was also made. then the money crises where also done later on. when the economy of international economy bretton woods in 1971 realignments kept the system of the forex trading alive after it. after in the 90's decade came in which the forex trading saw many changes. the biggest global market of the share and forex get the new name for it. Restrictions on capital flows have also changed now. but the devaluation of the goods is also there. the European Monetary System was trying to bring some changes and US dollars as well as pounds where made in use in the world. sustainability in fixed foreign exchange was also an important factor about it. but now forex trading companies are growing and doing business of billions. Stock and bound is also there now.