There's no denying that Forex trading is one of the most complex online ventures listed in the CMC markets that you one can venture in. It takes years of perfecting the trade to navigate the murky waters of analyzing various fx trends and ...
Factors Affecting Foreign Exchange Rates
Foreign Exchange rates are influenced by several factors in the international market. All tangible factors that is, those which represent quantifiable commercial and personal transactions are captured in the Balance of Payments Account and ...
VOSTRO Accounts
Demand deposit account, denominated in domestic currency maintained by overseas banks with domestic banks are called as VOSTRO Accounts. NOSTRO Means “Your Account with Us”. Example: Any overseas bank like Bridge Bank has a INR ...
NOSTRO Accounts
Demand deposit account, denominated in foreign currency maintained by domestic banks with overseas banks are called as NOSTRO Accounts. NOSTRO Means "Our Account with You". Example: Any domestic bank like Bank of India has a US Dollar ...