In the realm of legislative processes, an endorsement of a bill holds significant importance. It serves as a crucial step in the journey of a proposed legislation towards becoming law. Understanding the concept and purpose of endorsements is essential for professionals involved in the legislative pr
The moving average is a popular technical indicator that can help you analyze the price trends and patterns of a stock. It is calculated by taking the average of the closing prices of a stock over a certain period of time, such as 10 days, 50 days, or 200 days. The moving average can smooth out the
Futures are contracts that obligate the buyer or seller to exchange an asset or commodity at a specified future date and price. They are used for hedging, speculation, and arbitrage purposes in the global market. Futures can be based on various underlying assets, such as currencies, commodities, ind
A finance manager plays a crucial role in the success and growth of an organization. They are responsible for the management and control of the financial resources of a company, ensuring that financial goals are met and financial risks are minimized. In this article, we will explore the key responsi
The Turkmenistani manat is the official currency of Turkmenistan. It was introduced in 1993 to replace the Russian ruble. The manat is divided into 100 tenge and is available in both coins and banknotes. The Central Bank of Turkmenistan is responsible for regulating the supply and circulation of the manat. The exchange rate of the manat is fixed by the government, and it is not freely convertible. The use of foreign currencies for transactions within Turkmenistan is strictly regulated, and the g
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Global hedge funds have increased their short positions on US financial stocks to near record levels, according to data from Goldman Sachs. The move reflects the growing pessimism about the outlook for the sector, which has been hit hard by the pandemic and the volatile markets.The data, which track
