TTS vs TTM in Forex: Understanding Foreign Exchange Rates an - Vidéos industrielles CGM-LASER

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TTS and TTM in Forex: Frequently Asked Questions

What is the difference between TTS and TTM in forex?

TTS (Telegraphic Transfer Selling Rate) is the rate at which banks sell foreign currency, while TTM (Telegraphic Transfer Middle Rate) is the average between buying and selling rates, often used for accounting purposes.

How does a weak yen or strong yen impact TTS and TTM rates?

A weak yen means you get less foreign currency for your yen (higher TTS), while a strong yen means you get more (lower TTS). TTM adjusts accordingly as the middle rate between buying and selling.

What are some practical applications of TTS and TTM in foreign currency products?

TTS is used when purchasing foreign currency or investments, while TTM is often used for valuation of foreign assets. Both rates are crucial for forex trading and international business transactions.