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Currency

Counter Currency

, it represents the value of the currency that is being quoted. In the world of finance, it is important to understand the concept of Counter Currency. This refers to the second listed currency in a currency pair, such as the Euro in the USD/EUR pair. Often referred to as the Quote Currency, it signifies the value of the currency being quoted. It is essential to grasp this concept in order to comprehend the fluctuations in currency exchange rates.

Federal Deposit Insurance Corporation (FDIC)

In the realm of finance, there exists an important entity known as the regulatory agency. This agency is entrusted with the crucial task of overseeing and enforcing bank dep...

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Floating profit/loss

In finance, unrecorded gains and losses refer to the unrealized profits or losses on open positions of a particular tool at current market rates. This is a crucial concept t...

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World Trade Organization(WTO)

The World Trade Organization (WTO) is a highly influential international government organization with over 120 member countries. Its primary objective is to regulate and imp...

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Base Currency

In the realm of finance, we often come across the term "base currency" when discussing currency pairs. In simple terms, the base currency is the first currency listed in a p...

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