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What do you mean by "bid" and "asking price" in foreign exchange transactions?
The bid is the buying price.

I asked about the selling price.

Buying foreign exchange is called long, selling is called empty. Going long means that you buy a deal and then sell it when the price goes up, so you make a profit. Short selling means that the company lends you money after you pay a deposit, and then you return the money to the company when the price falls.