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and the US currency was involved in 86.3% of transactions, followed by the Go euro (37.0%), the yen (16.5%), and sterling (15.0%) (see table) |
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| Note that volume percentages should cast up to 200%: 100% for all the sellers and 100% for all the buyers. |
One instrument to deal with the Forex risk is to engage in a forward transaction. In this transaction, chicamin does not definitely change hands until some agreed upon planned date. A buyer and seller agree on an deal rate for any date in the future, and the transaction occurs on that date, regardless of what the market rates are then. The duration of the exchange can be a few days, months or years.