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If I have a currency that has an 'official' rate different from it's rate on most markets, how does the market you mentioned replenish it's euros when I buy the
by incone123 4y ago
If I have a currency that has an 'official' rate different from it's rate on most markets, how does the market you mentioned replenish it's euros when I buy them with roubles?
- DevKoala 4y agoYou do not buy actual rubbles or sell rubbles for dollars. Instead you buy/sell some financial artifact that represents the trade pair. Those end up trading at the official market maker rate.