the Forex market Union

the Forex market Union

What Is a Currency Union? A currency union is when two or more economies (usually sovereign countries) share a common currency or mutually decide to peg their exchange rates to the same reference currency to keep the value of their monies similar. One goal of forming a currency union is to coordinate economic activity and monetary

Provide Face Definition

Provide Face Definition

What Does Current Face Mean? Current face refers to the current par value of a mortgage-backed security (MBS). It reveals the remaining monthly principal on a group of home mortgages, providing investors with a snapshot of how an MBS, the vehicle collecting on these loans, is doing compared to when it started out. Current face is also referred to as current face

Provide Account Monetary financial savings Account (CASA): Definition and Means

Provide Account Monetary financial savings Account (CASA): Definition and Means

What Is a Current Account Savings Account (CASA)? A current account savings account (CASA) is aimed at combining the features of savings and checking accounts to entice customers to keep their money in the bank. It pays very low or no interest on the current account and an above-average return on the savings portion. CASA is most