Examlex
There is an inverse relationship between the price of a bond and its current yield.
Exchange Rate
The rate at which one currency can be exchanged for another currency.
Commercial Banks
Financial institutions that accept deposits, offer checking and savings accounts, and provide loans, thereby playing a crucial role in the financial system.
Central Bank
Is the primary financial institution of a country, responsible for issuing currency, managing the money supply, regulating banks, and implementing monetary policy to achieve economic stability.
Foreign Exchange Rate
The price at which one currency can be exchanged for another currency in the foreign exchange market.
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