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Consumer Price Index (CPI)

The US index is a crucial measure in the world of finance. It is calculated on a monthly basis and reflects the changes in prices of goods and services that an average consumer would purchase. This index plays a significant role in monitoring inflation, making it a vital indicator for investors and policymakers alike.

Price transparency

Market transparency refers to the level of visibility and accessibility of market information for all individuals and entities involved. It allows for a fair and efficient m...

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Maturity

The due date, also known as the maturity date, is the established deadline for the repayment of a financial obligation. It is the date by which the borrower is expected to m...

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Base interest rate(benchmark interest rate)

Let's delve into the concept of a "prime rate," shall we? This rate, established and released by commercial banks, serves as the base for calculating the interest on various...

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INR

The currency symbol for the Indian Rupee is ₹, which is derived from the Devanagari letter "र" (ra). The Rupee is the official currency of India and is used by over 1.3 bill...

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