What is Bank Levy in Forex Trading?
Bank levy is the situation when your bank account has been freezed by the bank authorities as you failed to pay out your debt obligations. This is a very extreme situation which prevents bank account holder to use his/her money for his expenses. Mostly, government agencies like IRS utilize the option of bank levy to […]
The dinar is the official currency of the Bahrain. It is subdivided in 1000 fils. This currency is usually depicted through three decimal places denoting the fils. The name of this currency is derived from the Roman denarius
What is Bangladesh takka in Forex trading?
Bangladesh takka is the official currency of the Islamic Republic of Bangladesh. It has been used as an offiicla currency since its independence in 1971
What is balance of trade in Forex trading?
Balance of trade is the difference between the monetary value of the imports and exports of the given country. The difference in value between a country’s imports and its exports.
What is Baltic Dry Index in Forex trading?
The Baltic Dry Index is prepared from the data related to the costs of living and their dry bulk shipping rates of raw materials which are moved by sea. Shipping costs are different for different type of commodity which shipped according to supply and demand. The Blatoc dry index is handled by the Baltic Exchange […]
What is Bailout in Forex trading?
A bailout is a financial term referring to an extraordinary act of lending, or outright giving, capital to an entity (a company, bank, individual, etc.) that is in danger of failure due to bankruptcy or insolvency. A bailout can also be given to a failing entity to allow it to exit gracefully without leading to […]