Introduction The currency which is acceptable all over the world for trading is called global currency. Few currencies of the world are acceptable as the most international transactions. The most popular of the few is the US dollar, Euro and yen stands next in the queue. As per the International Monetary Fund, the U.S. dollar [...]
Undervalued Currency : A undervalued currency is a currency with an exchange rate lower than it must to be. A currency may be undervalued, for instance, when its purchasing power, supply and demand are all strong, but its price is still comparatively low. Currencies can be undervalued for some natural reasons like political crises which [...]
Foreign exchange (forex) or currency trading is a global market that is highly liquid, with a huge trading volume daily. While traders make a choice of which market to trade, they will look for optimal trading conditions and the best chance of taking a profit. All this cretiria is fulfilled by forex. Forex is often [...]
Reserve Bank of New Zealand is the central bank of New Zealand, founded in 1934 which is wholly owned by the Government of New Zealand since 1936 with the aim of maintaining the stability of the country's financial system. The financial sector is constantly innovating and finding ways to use technology to improve its processes [...]
