Credit risk is an inherent part of the financial industry, and understanding its potential impact is crucial for risk management professionals. One of the key tools used to assess credit risk is the analysis of credit risk loss distributions. These distributions provide valuable insights into the po
The Saint Helenian Pound is the official currency of Saint Helena, Ascension, and Tristan da Cunha. It was introduced in 1976 to replace the Saint Helena Pound and is pegged to the British Pound at a 1:1 ratio. The currency is issued by the government of Saint Helena and is used by the local population for daily transactions. The Saint Helenian Pound is not widely accepted outside of Saint Helena, Ascension, and Tristan da Cunha, so visitors to the islands are advised to bring British Pounds or
The currency used in Madagascar is called the Malagasy Ariary. This currency has been in circulation since 1961, replacing the previously used Malagasy Franc. The Ariary is divided into smaller units called iraimbilanja. The exchange rate for the Ariary can fluctuate, so it is important to check the current rates before making any currency conversions.The Ariary is used for everyday transactions in Madagascar, and it is accepted by most businesses and vendors. It is advisable to carry smaller de
Nigerian Naira2016NGN10002014NGN1002016NGN102016NGN2002016NGN202015NGN5002016NGN502015NGN5
Egyptian Pound2008EGP0-252017EGP0-52015EGP1002018EGP102016EGP12015EGP2002016EGP202016EGP502018EGP5
Canadian Dollar2011CAD1002018CAD102012CAD202012CAD502013CAD5
In the face of ongoing economic challenges, India’s Finance Minister, Nirmala Sitharaman, finds herself under increasing pressure. Sitharaman, who made history in 2019 as India’s first full-time female finance minister, is tasked with steering the country towards its economic potential. However, t
I’m glad you’re interested in learning about simple and efficient stock trading strategies. There are many ways to trade stocks, but some of the most common and effective ones are:Price-signal trading: This strategy involves identifying a level at which the stock price has met support or resistanc
Interest is the amount of money that a bank pays you for keeping your money in a deposit account, such as a savings account, a fixed deposit, or a certificate of deposit. Interest is also the amount of money that you pay to a bank for borrowing money from them, such as a loan or a credit card.
