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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.

Multiplier

A key concept in finance is the P/E ratio, or price-earnings ratio, which measures a company's stock price relative to its earnings. However, to accurately assess a company'...

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NEFT

NEFT, or National Electronic Funds Transfer, plays a crucial role in facilitating the movement of funds between different banks. This system enables individuals to transfer ...

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Currency Peg

This policy, known as a fixed exchange rate system, links the value of a country's currency to that of another currency. It is typically implemented by a government to stabi...

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Index of Industrial Production (IIP)

The Index of Industrial Production (IIP) is a vital tool used to measure the performance of the industrial sector. It comprises a diverse range of products and is updated on...

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