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 […]
What is Bail in in Forex trading?
Bailout term became very popular after the recession 2008 as American government announced huge bailout amount for banking sector to save them from collapse. US government provided bailout clissal $1 trillion bailout package to the banking sector at that time. The term Val in ws introduced by same bankers from banking industry who wanted to tell their […]
What is Bahamas dollar in Forex trading?
The dollar is the primary currency of Bahamas since 1966. Bahamas dollar uses a B$ to distinguish it from other types of dollar based currencies. It is sub divided into 100 cents.