Ask price/Ask
The price at which a seller has offered to purchase the currency or instrument.
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The price at which a seller has offered to purchase the currency or instrument.
Simultaneous buying and selling of securities, currency, or commodities in different markets to profit from price discrepancies.
Record of all transactions.
Same as balance.
An individual employed to act on behalf of another (the principal).
The apportionment of premiums and discounts on forward exchange transactions that relate directly to deposit swap (Interest Arbitrage) deals, over the period of each deal.
Official action normally by either change in the internal economic policies to correct a payment imbalance or in the official currency rate.
(1) A bank acting for a foreign bank. (2) In the Euro market - the agent bank is the one appointed by the other banks in the syndicate to handle the administration of the loan.
Total demand for goods and services in the economy. It includes private and public sector demand for goods and services within the country and the demand of consumers and firms in other countries for goods and services.
Size of exposure of a bank to a single customer for both spot and forward contracts.
Total supply of goods and services in the economy from domestic sources (including imports) available to meet aggregate demand.
Difference in the value between currencies. Also used to describe percentage charges for conversion from paper money into cash, or from a weak into a strong currency.
Describes a currency strengthening in response to market demand rather than by official action.
A limit price order that instructs the broker to fill the whole order at the stated price or not at all.
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