Foreign Exchange Reserves or FX Reserves
Foreign exchange reserves are assets held by a central bank or monetary authority in various foreign currencies. It is also known as forex reserves or…
Finance
Transfer Tax
Transfer tax is a tax imposed by the government on the transfer of assets, such as real estate or stocks, from one party to another.…
Liquidity Crisis – in Financial Economics
A liquidity crisis occurs when there is a shortage of liquidity in financial markets or in a specific financial institution, causing it to be unable…
Foreign Exchange Controls
Foreign exchange controls are regulations that a government imposes on the buying and selling of its currency with foreign currencies. The purpose of foreign exchange…
Spot Market
The spot market is a financial market where financial instruments, such as commodities, currencies, and securities, are traded for immediate delivery or settlement. In other…
Fluctuations in Exchange Rates
Fluctuations in exchange rates refer to the changes in the value of one currency relative to another over time. When the demand for a currency…
Financial Transaction Tax
A Financial Transaction Tax (FTT) is a tax levied on various financial transactions, such as buying or selling stocks, bonds, and derivatives. It is a…
Currency Crisis – a type of financial crisis
A currency crisis is a type of financial crisis that is frequently linked to a real economic crisis. It is a situation where there is…
Wells Fargo Wants to Catch up to Faster-Growing Competitors by Increasing Contact with Wealthy Customers
According to CNBC, Wells Fargo is launching a new platform to increase digital engagement with its 2.6 million financial management clients. According to Michael Liersch,…
How does a “Rolling Recession” Affect Consumers, and What is it?
By most measures, the U.S. economy is in solid shape. Despite the fact that 2022’s first half saw negative growth, the year’s second half is…
What Additional Fed Rate Hikes Might mean for Credit Card Payments, Mortgages, and Other Costs
At its policy meeting this week, the Federal Reserve is generally anticipated to announce its eighth consecutive rate increase. As inflation begins to decline, Fed…
Nextracker, a Solar Firm, Prices Above Range at $24, Which is Positive for the IPO Market
People with knowledge of the transaction told CNBC that the solar technology startup Nextracker priced its initial public offering marginally over its stated $20 to…
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