NAD
NAD means Namibian Dollar in terms of currencies, which is composed of 100 cents. NAB is presented with the symbol $ or N$.
POPULAR TERMS
Organization Of Arab Petroleum Exporting Countries - OAPEC
This organization is based in Kuwait that pursues to promote cooperation among 11 Arab –oil-exporting nations that are its members, and devel ...
Imputed Value
Value of an item such as asset for which the actual value is not recorded or available, but logical or implicit in that item wherein a real value h ...
Earned Premium
Amount of total premiums an insurance company collected within a period, which have been generated according to the ratio of the time rendered on t ...
Easement in Gross
Legal right to use another individual’s property as long as the owner possesses that property or the easement holder passes away.
Minimum Efficient Scale
The smallest amount of production a firm can attain while taking full advantage of economy of scales in their costs and supplies. In classical econ ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Choosing Your Bank
Now that you’ve learned the basics of banking and the importance of it, you are now ready to put your money in a bank. But which bank should ...
Introduction to Inflation
I asked my grandparents about the cost of living during World War II. They told me people during that period could buy a house for $5,000, a car fo ...
What is the Standard Moving Cost?
You concluded remodeling is expensive upon considering all important factors. So you decided to move to another house instead. But, is moving less ...
An Introduction to Stocks
Imagine this: you are a company owner, you get income but you don’t go to work, you just do what you want and the money keeps coming in. This ...
Connection of Inflation and Interest Rates
We cannot simply ignore the connectivity of inflation and interest rates. Both items are interrelated. So, whenever there is a news item about a co ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 12:00 | Bundesbank Monthly Report | ||
| 14:30 | Foreign Securities Purchases | Apr | |
| 14:30 | NY Fed Empire State manufacturing index | Jun | |
| 16:00 | NAHB Housing Market Index | Jun | |
| 19:00 | ECB President Mario Draghi Speaks | ||
| 20:45 | BOC Deputy Governor Lawrence Schembri Speaks | ||
| 22:00 | TICS | Apr | |
| 23:00 | Westpac Consumer Confidence | 2 quarter | |
| 03:30 | Monetary Policy Meeting Minutes |
