Depreciation v/s Devaluation: Depreciation and Devaluation are two different economic terms that actually deals with the country’s currency value. Both currency depreciation and currency devaluation end up with a currency that is worth less than it previously was in comparison to the currencies of other countries. Depreciation Depreciation of the currency happens when the country…
Category: Economy
Why Banking is a Growing Sector when Banks’ are having higher NPA?
For 5th Bi-Monthly Monetary Policy Statement, 2015-16, latest developments in Banking and Economy and Policy details and New Appointments Please refer link : https://yourcareerheights.com/?page_id=148 and https://yourcareerheights.com/?page_id=155.
Three reasons for concern about the Chinese economy Though big reason Chinese shares are sinking is that Beijing is trying to undo some of the measures it took to prop up stock prices after the Shanghai market collapsed in June. Those who are watching the developments in China have found the following three reasons behind decelerating…
Exchange Houses Role of Exchange Houses and Cards as Carrier of Foreign Currency