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Currency

LIBOR (London Interbank Offered Rate)

Let us delve into the concept of the average weighted interest rate on interbank loans, a crucial aspect of the finance world. This rate is determined by the participating banks in the London interbank market, who offer funds in various currencies and time periods ranging from one day to one year. Since 1985, the British Banking Association has been diligently recording these rates for reference.

Margin Traiding

One important concept to understand in the world of finance is the use of leverage in trading. This involves using borrowed funds to amplify potential gains or losses in a tr...

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Crown Currencies

Commonwealth currencies are a group of currencies used in countries that were formerly part of the British Empire. Some examples include the Canadian Dollar (CAD), Australia...

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Two-way price

In the complex world of finance, understanding foreign exchange market quotes is crucial. This quote is a representation of the bid and offer prices, which are the prices at...

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Sterling

It is the oldest currency in continuous use, dating back to the Anglo-Saxon era. The sterling, the currency used in Great Britain, has a rich history dating back to the Ang...

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