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Random article: Money Aggregates
Various kinds of money and money means, which are distinguished by different extent of liquidity, that is to say, speed and ease of conversion into cash, constitute the notion of money aggregates in the economy. Total of all money aggregates is the indication of money supply structure of a country. Important economic figure is monetization factor, which represent the ration of M2 to GDP. This figure is also known as financial depth, and it identifies sufficient amount of money means in circulation in state. For a developed country its best possible level is not less than 55%, whereas lower level tells about shortage of money that prevent economic development of the country.
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Popular article: Forex Currency Pair | Key Forex Terms
International exchange market (Currency exchange) — is the exchange, where operations on purchase and sale of currency take place between participants of the Forex market; Currency operations – contracts of participants of currency market on purchase and sale and settlement, conversion operations etc.; Currency rate (currency quote) — the price of currency unit of one country expressed in currency unit of another country. Open position – is the trade for purchase/sale, which is not closed and is present on market.
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