(0 176% - - E The Foreign Exchange Market. The actors institution Summary E- "The major participants in the foreign exchange market are: "Commercial banks "Corporations that engage in international trade "Nonbank financial institutions such as asset-management firms "Insurance companies . "Central banks Individuals plays a very small role in the market. Ba (16/ 99 70% - Tu The Foreign Exchange Market The actors institution Nonbank financial institutions "Deregulation of financial markets has encouraged nonbank financial institutions such as: Mutual funds Pension funds Insurance companies Hedge funds to offer their customers a broader range of services, including foreign exchange transactions. c) If the balance of payments situation in Nigeria continues to worsen, which institution set up at the end of World War II could help Nigeria? What type of aid would it provide? (4 marks)