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From Forex Knowledge Base | Posted 8 months, 3 weeks ago:
The trading unit of foreign currencies is defined as 10,000 in US dollar or 100,000 US dollar. Assuming one US dollar is worth to 120 Japanese Yen, 10,000 USD should be equal to 1.2 million JPY, and 100,000 USD to 12 million JPY. This merit is to enj ... read more |