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Financial Terms

Foreign Exchange Rate

It is a crucial concept in the world of finance and plays a major role in the global economy. This rate is constantly fluctuating and is influenced by various factors such as supply and demand, inflation, and political stability.

As a knowledgeable professor in finance, it is important to understand the concept of Foreign Exchange Rate. This term refers to the rate at which a currency can be exchanged for another. It holds significant importance in the world of finance and directly impacts the global economy. The ever-changing nature of this rate is shaped by factors like supply and demand, inflation, and political stability.

Foreign Currency Non-Resident Account (FCNR)

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Gross National Product (GNP)

Gross National Product, or GNP, represents the total value of goods and services produced by a country in a given year, as well as the net income from investments made by in...

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Balance of Trade

Trade balance, also known as balance of trade, refers to the discrepancy between a nation’s exports and imports during a specific time frame. It is a crucial indicator of a ...

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Domestic Trade Deficit

In the field of finance, we often come across the term "Domestic Trade Deficit". This concept refers to a situation where a country's imports exceed its exports, resulting i...

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Growth Fund