Tags » Money Market

Money Market UITF: A [Slightly] Better Alternative to a Savings Account

Interest rates on savings accounts these days are embarrassingly low. Time deposits are only marginally better. If you want somewhat decent interest rates, you may opt to put your money in a bank’s top-tier time deposit account. 231 more words

Personal Finance

Mozambican FX Market*: A first quarter review

Chart 1
Source: Reuters

The best performing currency against the Greenback in 2017, according to a  Bloomberg index, is back!!!

After gaining as much as 21, 00% against the USD in 2017 the Mozambican Metical (MZN) lost 4,26% in the early days of 2018 squaring off that loss at the beginning of the second quarter. 391 more words

CH4: MONEY MARKET

What is Money Market ?

Money market is for short term funds with maturity ranging from overnight to 1 year, whereas, capital markets are for long term funds with maturity more than an year. 310 more words

Accruals, Interest and Dividends

In the world of investments, an accrual is an unrealized earning on a mutual fund, money market or checking account. Many mutual funds record dividend payments which become accrued until what is called the ex date, or “cut-off” date. 181 more words

Currency in circulation almost at pre-demonetisation levels

Currency in circulation is almost at pre-demonentisation levels at 99.17 percent. It has taken fifteen months for the currency in ciruclation to get back to the levels of November 04, 2016, the last week end before Prime Minister Narendra Modi banned Rs 500 and Rs 1000 notes which constituted close to Rs 8 lakh crore. 318 more words

National

Forex Trading Online

Forex (FX) is short for foreign exchange and refers to the trading of one currency for another. Unlike stocks or futures, currency trading is an over-the-counter market with no central exchange. 671 more words

Accountant