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Currency

Currency Intervention

A key concept in finance is central bank intervention, where a central bank manipulates the value of a country's currency through buying or selling foreign currency. By purchasing foreign currency, the central bank can decrease the value of the national currency, and by selling foreign currency, it can increase the value. This tactic is used to control inflation and maintain stability in the currency market.

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. Th...

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Bretton Woods Agreement

In 1944, the founding members of the United Nations signed a treaty that established fixed exchange rates for major currencies. This gave central banks the authority to inte...

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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 sec...

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Big Figure

The concept of Big Figure may seem insignificant at first, but in the world of finance, it holds great importance. It refers to the first three digits of a currency quote, r...

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