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Abstract

This study is focused mainly on the operations of Full Fledged Money Changers in Indian forex market. The study is done with reference to Weizmann Forex Ltd Limited, one of the leading money changers in India with national network of 78 branches catering to national and international customers. The study focused on various products and services offered by Weizman Forex (FFMC). The operations studied include foreign exchange trading - bulk purchases, bulk sales, retail purchases or encashment and retail sales of currencies, Travellers Cheques, World Money Cards of major international currencies.

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