Forex encyclopedia

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.
Producer price index (PPI) embraces all stages of production starting from commodities and ending with retail. To measure index, change in price for about 3450 kinds of goods at various stages of production is analyzed. The closest attention is paid to the price for final good, because it gives the most probable price for goods that are ready for sale. Wholesale prices are taken into account. Measurement does not take into account import goods and services, but accounts for the cost of import commodities and component kits.
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