Category: Business
Created by: dnatalia
Number of Blossarys: 60
English (EN) 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 ...
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 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 ...
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 ...
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 ...
It is basically an agreement between 2 parties to interest payments and principal on loans denominated in two different currencies. For example A borrows X amount of USD from B and in exchange, A ...
Basically its an exchange rate system in which allows a currency with fixed exchange rate to fluctuate within certain range or band of values. The par value of the stated currency is also adjusted ...
By: dnatalia