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Currency

Currency basket

Regulative institutions often refer to a variety of foreign currencies as a benchmark when determining the value of a national currency in comparison to other currencies. This serves as a foundation for establishing a currency exchange rate. It is important for individuals to understand the significance of these benchmark currencies in order to make informed financial decisions. With the ever-changing global market, staying knowledgeable about foreign currencies is essential for financial success.

Foreign exchange risk

Foreign exchange risk refers to the possibility of an investor's position in a foreign currency losing value due to fluctuations in the exchange rate. This can occur when th...

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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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Back office

The financial hub, also known as the department responsible for overseeing the processing of monetary transactions, is a crucial component of any organization. It is the cen...

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Pending order

A limit order is a request made by a client to initiate a trade when the market price reaches a specified level. This allows the client to control their entry point and pote...

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