Tag: currencies
Norway central bank makes largest rate hike in 20 years
Norway's central bank raised its benchmark interest rate by 50 basis points on Thursday, its largest single hike since 2002 and twice as much...
China keeps lending benchmarks unchanged, wary of policy divergence risks
China stood pat on its benchmark lending rates for corporate and household loans, as expected, on Monday, with global central banks' rate increases making...
Common professional terms in virtual currency transactions
Position: refers to the proportion of actual investment and actual investment funds of investors. Full position: All funds to buy virtual currency. Selling: Selling some of...
What is cryptocurrency?
Cryptocurrency is a type of digital currency created through code.They operate autonomously outside the traditional banking and government systems.Cryptocurrencies use cryptography to secure transactions...
What is the foreign exchange rate quotation
There are several different methods of foreign exchange rate quotation due to different standards.The commonly used marking methods include direct marking method, indirect marking...
What is the international reserve currency?
International reserve currency refers to the international common currency funds held by national governments that can be directly used for international payments.It is the...
What is exchange rate risk？
The exchange rate risk is that the foreign debt borrowed must eventually be converted into foreign currency in the local currency or repaid with...
What is a currency pair?
A currency pair is a foreign exchange transaction rate consisting of two currencies, represented by two ISO codes plus a delimiter, such as GBP/USD,...
Names of the currencies of the world
there are 164 official national currencies circulating around the world. Although the number of the independent countries is 197 plus about five dozen of dependent...
The difference and introduction of M1 and M2
Today, I would like to talk about M1 and M2. M1 and M2 are two words that we often hear, but many people do...
What’s the difference between paper money and money?
1. the difference between (1) Different meanings: money is a commodity separated from commodities and fixed as a general equivalent;Paper money is a mandatory currency...
What is base money?
Base money is defined as the sum of cash held by the public and reserves held by banks.So base money is all the cash...