Exotic Currency Pairs:
- Exotic currency pairs refer to currency pairs that include a major currency and a currency from a developing or less-widely traded country.
- These pairs are typically more illiquid and have wider spreads compared to major currency pairs like EUR/USD and USD/JPY.
- Few Exotic Currency Example
- EUR/TRY
- USD/SEK
- USD/NOK
- USD/DKK
- USD/ZAR
- USD/HKD
- USD/SGD
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