UAE First Gulf Exchange (FGX) Practice Exam

The correct answer highlights that FGX typically engages in exchanging major world currencies, which include widely recognized and accepted currencies such as the US Dollar (USD), Euro (EUR), and British Pound (GBP). These currencies are part of global financial markets, facilitating a high volume of transactions and representing significant economic stability and liquidity. Exchanging these currencies allows customers to engage in international trade, travel, and investment confidently.

The broad range of major world currencies available for exchange at FGX enables clients to seamlessly manage their financial needs, whether for personal or business purposes. In contrast, focusing only on local currencies would severely limit the exchange opportunities, restricting customer access to global markets. Similarly, restricting exchanges exclusively to cryptocurrencies or GCC currencies would narrow the scope significantly, which would not align with FGX's mission to provide comprehensive currency exchange services to a diverse clientele.