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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.

Liquidation

When it comes to finance, it's important to understand the concept of "closing" a position. This simply means that an existing position is terminated through the execution o...

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Nikkei 225 (Nikkey Stock Average)

The Nikkei 225 is a prominent indicator of the Japanese stock market. Comprised of 225 major companies listed on the Tokyo Stock Exchange, it calculates the average share ra...

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Lot

The exchange transactions unit is a crucial concept in the world of finance. It refers to the process of buying and selling assets, such as stocks, commodities, or currencies...

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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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