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- Foreign Exchange (FX/Forex) Services
Citibank Foreign Exchange (FX/Forex) Services helps diversify your portfolio risk while also being able to capture any upside opportunities from its unique advantages such as high liquidity and profit potential from foreign exchange rising and falling prices.
Please note that Foreign Exchange (FX/Forex) trading is subject to currency rate fluctuations, which may present both opportunities and risks, including the possible loss of the principal amount invested.
FAQs
- Continuous changes in exchange rates
- Absence of central regulator
- Can amplify losses if the currency invested in is of higher value
With Foreign Currency ATMs available at all major locations and the option to place an order online and picking up at a preferred branch, it is very convenient for Citibank customers to get foreign currency.
In simple terms, If certain economic events make a currency more attractive, the demand for the currency increases against a limited, thus increasing the price of the currency.
Similarly, when another currency becomes less attractive, owners of that currency may want to sell their possession of that currency. If there is a shortage of buyers, the price will fall.
