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Currency

Foreign Exchange (Forex)

In the realm of finance, one often comes across the term 'foreign exchange market'. This refers to the global marketplace where currencies are bought and sold. In simpler terms, it is where one currency is exchanged for another. This market is highly influential and impacts various aspects of our economy. Understanding its workings and fluctuations is crucial for any finance professional.

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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Currency Pair

In the world of finance, foreign exchange rates are a crucial concept to understand. These rates are determined by the value of two currencies in relation to each other. For...

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Pip

This is also known as a pip In the world of finance, a currency's price can fluctuate in the blink of an eye. This change is measured in the smallest unit, known as a pip. ...

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Yard

In the world of finance, there exists a term that refers to one billion units of currency - "B". This slang word is commonly used in the currency industry, and is derived fr...

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