NOSTRO, VOSTRO AND LORO ACCOUNT
Nostro Account: – Conversion of foreign currency in to home currency is the fundamental of foreign exchange. Therefore, the bank which is authorised to deal in foreign exchange,…
FINANCE CRACKER
Decoding Finance
Category Knowledge
Exchange Margin
Exchange Margin is the amount that bank charge when you buy or sell foreign currency to the Bank. For better understanding of this concept you have to recall…
Two Way Quotes
What is Two Way Quotes? A two-way quote is a type of quote that gives both the bid or buying and the ask or selling price of a…
Foreign Exchange Market Meaning in Easy Language
What is Foreign Exchange Market? Foreign Exchange Market is also like other normal market. In normal market we buy or sell something like clothes and other thing of…