forex units



forex units trading and exchange first occurred in ancient times.[7] Money-changing people, people helping others to change money and also taking a commission or charging a fee were living in the times of the Talmudic writings (Biblical times). These people (sometimes called "kollybistẻs") used city-stalls, at feast times the temples Court of the Gentiles instead.[8] Money-changers were also in more recent ancient times silver-smiths and/or gold-smiths.[9] During the 4th century, the Byzantine government kept a monopoly on the exchange of currency.[10] Papyri PCZ I 59021 (c.259/8 BC), shows the occurrences of exchange of coinage within Ancient Egypt. [11] Currency and exchange was also a vital and crucial element of trade during the ancient world so that people could buy and sell items like food, pottery and raw materials.[12] If a Greek coin held more gold than an Egyptian coin due to its size or content, then a merchant could barter fewer Greek gold coins for more Egyptian ones, or for more material goods. This is why, at some point in their history, most world currencies in circulation today had a value fixed to a specific quantity of a recognized standard like silver and gold. Это видео создано с помощью видеоредактора YouTube (http://www.youtube.com/editor)

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