LEGAL TENDER
Denomination of a country’s currency, recognized by law, that can be accepted as a financial obligation payment or a medium for commercial exchange. Usually, all denominations of the circulating paper money is a legal tender in every country. A creditor is mandated to accept legal tender as a debt payment. This can only be released by an authorized national body such as the US Treasury in the United States of America, and Royal Canadian Mint in Canada.
Also refers to as lawful money.
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Contract requiring the holder to buy or sell a bond at a specified date and price. It can be acquired in the futures exchange market but is inheren ...
Inter-American Development Bank - IDB
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 20:00 | Federal Budget Balance | Jun | |
| 00:00 | NZIER Business Confidence | 2 quarter | |
| 00:45 | Visitor Arrivals | May | |
| 01:01 | BRC Retail Sales Monitor | Jun | |
| 02:30 | Westpac Consumer Sentiment | Jul | |
| 03:30 | NAB Business Confidence | Jun | |
| 04:31 | Trade Balance | Jun | |
| 06:30 | Industrial Production | May | |
| 08:00 | Wholesale Price Index | Jun |
