Category: Business
Created by: dnatalia
Number of Blossarys: 60
Eurodollar basically US dollar denominated deposits at foreign banks outside US. Originally, dollar-denominated deposits not subject to U.S. banking regulations were held almost exclusively in ...
Also known as managed float, it's a system of floating exchange rates in which the government or the country's central bank occasionally intervenes, the government doesnt allow the currency ...
It is a contract that gives the holder the right not obligation to sell or buy currency at a specific period of time. In order to gain this right, the holder need to pay specified amount of premium ...
Its a theory proposed by economist Irving Fisher, Fisher theory talks about the relationship of interest rate and inflation rate. It states that the interest rate that we get now is the nominal ...
It is also known as the pegged exchange rate. It actually takes place when the government purposely fixed the country exchange rate value against other currency. For example 1.2 EUR is equal to 1 ...
Hara-kiri is actually derived from Japanese word which means "suicide".And this currency swap, it is actually offer no profit to the offering party. The originator or the offering party ...
the price of one country's currency expressed in terms of the currency of another country.
By: dnatalia