ZURICH, Nov 16 (Reuters) - EFG International (EFGN.S) shares surged by 3% in early trading on Thursday following the release of impressive financial results for the first 10 months of the year. The Swiss private bank reported a net profit exceeding 240 million Swiss francs ($270.09 million), showcas
Money and credit are two essential concepts in banking, as they determine how banks operate and how they affect the economy. Money is any item that is generally accepted as a medium of exchange, a unit of account, and a store of value. Credit is the ability to obtain goods or services before payment
Futures and stocks are different types of financial assets that have different characteristics, risks, and rewards. Here are some of the main differences between them:Futures are contracts that oblige the buyer and seller to exchange an asset at a predetermined price and date in the future. Stocks a
The impact of interest rate marketization on corporate financing structure is a topic that has been studied by many researchers. Interest rate marketization refers to the process of allowing the market forces to determine the interest rates, rather than the government intervention. Interest ra
The Sudanese Pound is the official currency of Sudan. It was introduced in 2007, replacing the Sudanese Dinar. The currency is issued by the Central Bank of Sudan and is denoted by the symbol "SDG". The Sudanese Pound is subdivided into 100 piasters. The Sudanese Pound has undergone various changes in its value over the years. In recent times, it has faced significant depreciation due to economic challenges faced by the country. This has led to inflation and a decrease in the purchasin
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United Arab Emirates Dirham2017AED10002018AED1002022AED102017AED2002016AED202017AED5002016AED502022AED5
The Hong Kong dollar is the official currency of the Hong Kong Special Administrative Region. It is subdivided into 100 cents or 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and the Hong Kong dollar.The Hong Kong dollar is the ninth-most traded c