GDP is a chief indicator of a country’s economic performance. The value is measured during specific periods like annual or quarterly. Globally, it is used to gauge the financial status of a country. In countries with middle or low-income, high Gross Domestic Product progress annually is crucial for satisfying the mounting developmental needs of their … [Read more...] about Gross Domestic Product (GDP)
Forex Glossary
Fisher Effect
Fisher Effect Basics In this article, we go through the theory and show how it comes in handy in determining the currency changes in the forex. The equation of the theory says that the real interest rate can be derived by deducting inflation from nominal rates. The Fisher Effect is in play on the money that one has in one’s savings account, for the rates being … [Read more...] about Fisher Effect
