Tag: central

What is 'Key Currency' The currency used as a reference in an international transaction or when setting an exchange rate. The key...

What is a key rate and why is it important A key rate is a specific interest rate that is closely watched by investors because...

What is 'Hara-Kiri Swap' An interest rate or cross-currency swap devoid of any profit margin for the originator. The term gets its...

A yield curve depicts interest rates of bonds having different maturities, but same credit quality, at a specific point in time. The yield curve...

DefinitionIn financial markets, implementation shortfall is the difference between the decision price and the final execution price for a trade. This is also known...

There are few careers as lucrative and prestigious as investment banking. But what exactly is investment banking, and how do you go about getting...

What is 'National Currency' The currency or legal tender issued by a nation's central bank or monetary authority. The national currency of...

A negative interest rate policy (NIRP) is a monetary policy that is used by central banks to keep negative rates in the country. The...

DefinitionIn economics, broad money is a term denoting a certain measure of the amount of money in a national economy, and it is used...

What is 'National Fund For Hydrocarbon Reserves (Mauritania)' A sovereign wealth fund administered by the Banque Centrale de Mauritanie, the central bank...