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Financial Terms

CAD

The value of CAD is determined by many factors including the country's economic stability, inflation rate, and global trade agreements.

The Canadian Dollar (CAD) serves as the official currency of Canada, with a conversion rate of 1 CAD being equivalent to 100 cents, denoted by the $ symbol. However, its value is not solely dependent on its denomination, as it is influenced by various factors such as the country's economic stability, inflation rate, and international trade agreements. A thorough understanding of these elements is crucial in comprehending the intricacies of the Canadian Dollar.

CAD

The value of CAD is determined by many factors including the country's economic stability, inflation rate, and global trade agreements. The Canadian Dollar (CAD) serves as ...

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CRR

Cash Reserve Ratio (CRR) is a vital tool used by the Reserve Bank of India to regulate the liquidity in the banking system. It refers to the minimum percentage of public dep...

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Devaluation

This action is usually taken to achieve a more favorable balance of trade and increase competitiveness in the international market. Devaluation, a term often used in the wo...

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Bad Debt

Bad debt is when a company acknowledges that it is unable to recover the money owed to them by a customer. This occurs when the customer is incapable of repaying the amount bo...

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