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New to Forex trading? The foreign exchange (Forex, FX) market is the arena in which a nation's currency is exchanged for that of another at a mutually agreed rate. It was created in the 1970s, when international trade transitioned from fixed to floating exchange rates, and the Forex market is now considered to be the largest financial market in the world because of its huge turnover. Gold & Forex Rates. DRAFT RATE Updated an hour ago Selected Asian currencies in UAE Dirhams (Rates in 1 Dirham). Nov 16, 2020 The complete coverage on Gold/Forex News - Business | Khaleej Times. Gold & Forex Rates. DRAFT RATE Updated 12 hours ago Selected Asian currencies in UAE Dirhams (Rates in 1 Dirham). Nov 15, 2020