Cryptocurrency
Currency
Currency
Currency is a medium of exchange that is widely accepted within a specific country or region for the purpose of buying goods, services, and conducting financial transactions. It serves as a unit of account, a store of value, and a medium of exchange. Here are some key points about currency: Medium of Exchange: […]
Central Bank Digital Currency (CBDC)
Central Bank Digital Currency (CBDC) refers to a digital form of a country’s official currency that is issued and regulated by the central bank. It is a digital representation of traditional fiat currency, such as the US dollar or the euro, but in a digital format. CBDCs are designed to leverage the benefits of […]
Capital Account
The Capital Account is a component of a country’s balance of payments (BOP) that records the financial transactions between residents of the country and the rest of the world. It represents the flow of funds into and out of a country as a result of capital transactions. The Capital Account is divided into two […]
Balance of Payments
In forex trading, the Balance of Payments (BOP) refers to a record of all financial transactions between a country and the rest of the world. It is a comprehensive accounting system that tracks the flow of money into and out of a country, including trade in goods and services, income from investments, and transfers of […]
