Jamaica's Usain Bolt earned a double and claimed a record 10th gold medal with a convincing victory in the 200 meters on Thursday at the World Athletics Championships in Beijing, denying rival Justin Gatlin with a time of 19.55.
Foreign exchange markets facilitate the trade of one foreign currency for another. Most exchanges are made in bank deposits and involve U.S. dollars. Over a trillion dollars in foreign exchange trades take place every day; foreign exchange dealers handle most transactions.
Foreign currency rates have a direct impact on the price and value of stocks in foreign countries, and changes in exchange rates will increase or decrease the cost of doing business in a country, which will affect the price of stocks of companies doing business abroad.