Any form of money a government endorses and is used for trade.
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Related Terms
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Quantitative easing (QE) is an unconventional monetary policy used by central banks to stimulate the...
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NIRP stands for “negative interest rate policy”. NIRP is a macroeconomic concept that describes conditions...
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Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex...
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A central bank is an organization that manages the currency of a country or group of countries and controls...
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Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for...