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what is forex currency buying&selling?

what is meant by forex currency business?In textile company they have forex currency buying &selling trading business?

By forex currency business they refer to the fact that you can Make Money trading currency. For example if the EUR/USD quote is 1.3200, you buy 1 euro at 1.3200 and when the price goes to 1.3300 you sell your euro at 1.3300. This means you sell something you bought cheaper and you make the difference which is measured in pips. In this case you make 100pips. The pip has a value in dollars from 1, 10 etc cents to 1, 10 etc dollars. Depending on the value of the pip you can gain 10 cents or 10 dollars. Forex is about speculating if the price goes up or down. You buy cheap and sell for profit and viceversa.
In a textile company most probably they are exporting the clothes and they need to cover the fluctuation of the currency rate.
For example, suppose the firm receives an export order with the delivery date being in 3 months time. The contract is worth, say, $US100,000. At the time the contract is placed, the New Zealand dollar is worth say $US 0.650. Hence the value of the order, when placed, is $NZ 153,850 (100,000 divided by 0.650). But suppose that the exchange rate changes significantly between the date when the order is received and the date the order is paid for (which we will assume is one month after the delivery date). The value of the New Zealand dollar on payment date is $US 0.680, which means that the firm receives only $NZ147,060 rather than $NZ153,850. To insure against this happening, the firm can, at the time it receives the order, take out a forward exchange contract.
A forward exchange rate contract involves contracting to buy or sell a foreign currency at a future data at an agreed exchange rate. Generally this exchange rate will not be the same as the spot rate at the time the contract is signed, although the difference is unlikely to be large. The difference reflects the differential between New Zealand interest rates and foreign interest rates, which in our example above, would be US interest rates.
A forward contract enables an exporter to “lock in” an exchange rate that will apply to its future export earnings, with this locked-in rate being similar to the spot rate at the time the contract is taken out.

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