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36 Results for Tag: currencies

Uncovered Interest Arbitrage

DefinitionUncovered interest arbitrage is an arbitrage trading strategy whereby an investor capitalizes on the interest rate differential between two countries. Unlike covered interest arbit

Parity Price

Parity Price What is a 'Parity Price' A parity price is when the price of an asset is directly linked to the price of another asset. The parity price concept is used for both securities an

Joint Float

Joint Float What is 'Joint Float' Two or more countries agreeing to keep their currencies at a same exchange rate relative to one another, but not relative to other countries. The countrie

Yemeni Rial (YER)

Yemeni Rial (YER) What is 'Yemeni Rial - YER' The official currency of the country of Yemen. The Yemeni Rial is divided into 100 fils, but the fil coins have not been issued since 1990 fol

Uncovered Interest Rate Parity (UIP)

Uncovered Interest Rate Parity (UIP) What is the 'Uncovered Interest Rate Parity - UIP' The uncovered interest rate parity (UIP) is a parity condition stating that the difference in intere

Oman Rial (OMR)

Oman Rial (OMR) What is 'Oman Rial - OMR' The currency of Oman. The Omani rial is broken into smaller units, called baisa, and is found in both coin and banknote form. It is managed by the

KHR (Cambodian Riel)

KHR (Cambodian Riel) What is 'KHR' The currency abbreviation or currency symbol for the Cambodian riel (KHR), the currency for Cambodia. The riel is made up of 100 sen and is often present

KMF (Comorian Franc)

KMF (Comorian Franc) What is 'KMF' The currency abbreviation or the currency symbol for the Cormorian franc (KMF), the currency of Comoros. The Comorian franc is made up of 100 centimes an

KWD (Kuwaiti Dinar)

KWD (Kuwaiti Dinar) What is 'KWD' The currency abbreviation or currency symbol for the Kuwaiti dinar (KWD), the currency of Kuwait. The dinar is made of 1000 fils, and it is often presente

KPW (North Korean Won)

KPW (North Korean Won) What is 'KPW' The currency symbol or currency abbreviation for the North Korean won (KPW), the currency for North Korea. The won is divided into 100 chon and is oft
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