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Reference to a basket of currencies
The World of Currency
Currency is an important aspect of the economy and of everyday life that many people overlook. Currency, which is considered a form of money given by a country, is a valuable and necessary tool that can be used to pay for goods and services. There are many different types of......
11/07/2023 
1049 
Sophia
Hoffman's theorem
Huffmans coding theorem states that data compression can be achieved more efficiently through a variable-length code than through a fixed-length code, since variable-length codes allow for a more optimal assignment of longer codewords to symbols that occur more frequently. The theorem was first pu......
denomination currency
The Value of Money
Money, the root of all evil—or the foundation of the greatest civilizations? Money has been at the heart of society from the earliest times, from barter and trade to the use of gold and silver coins. But why is money so valuable?
There is no single answer as to why money is s......
exchange rate
Post-Brexit Currency Exchange Rate
The global economy has been eagerly awaiting the outcome of Brexit since the United Kingdom’s decision to leave the European Union in 2016 – and with the outcome now being known, currency markets have been thrown into turmoil.
The British pound has plummeted ......
new york financial market
The New York Financial Market
The New York Financial Market (“NYFM”) is an umbrella market consisting of two distinct financial centers—the New York Stock Exchange (“NYSE”) and the Nasdaq. This market has long been the premier venue for raising capital and obtaining securities for investors.......
LIBOR
写法
LIBOR (London Interbank Offered Rate) is the benchmark interest rate that leading banks charge each other for lending and borrowing. It is the most important of the benchmark interest rates and used to price products such as mortgages, derivatives and other financial instruments. LIBOR is publ......
Hong Kong financial market
Introduction
Hong Kongs financial market is one of the most important in the world. The city has become an international financial center, with an economy that relies heavily on offshore banking, foreign exchange, and stock and bond offerings. In recent years, the financial sector in Hong Kong ha......
bond index
Bond Index
A bond index is a tool used to measure the performance of a bond portfolio. A bond index typically contains all of the bonds in a portfolio, which makes it easy to monitor the performance of each individual bond. Bond indexes are used by investors and financial professionals to evaluat......
F shares
American Depository Receipts
An American depository receipt (ADR) is a U.S. dollar-denominated negotiable security that represents ownership of a specified number of shares of a foreign stock that has been purchased by a U.S. financial institution through a custodian bank. ADRs are used by invest......
Nasdaq Composite Index
The Nasdaq Composite Index is an index of more than 3,000 common stocks listed on the Nasdaq Stock Market. It is one of the most widely followed indices of the stock market, along with the Dow Jones Industrial Average and the S&P 500. The index was created in 1971, with a base value of 100, and it......
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