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Currency

Forward rates or forward price

Let's delve into the concept of net price, which is derived from the calculation of forward points and the subsequent deduction from the current spot rate. Essentially, this rate reflects the value at which a currency can be bought or sold for future delivery. It is a crucial aspect of financial markets, and understanding its intricacies is essential for any finance enthusiast.

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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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 te...

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Correspondent bank

As a professor of finance, it is important to understand the role of a foreign bank representative. This individual is often hired by a bank without a local branch to assist...

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Z-Score

A crucial concept in finance, the Z-score is a statistical tool that measures the distance a data point is from the mean of a data set. It is calculated in terms of standard...

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