Explore the essence of currency, its types, and its pivotal role in modern economies. Learn the difference between money and currency and discover the rising influence of cryptocurrencies.
Learn what a direct quote is in the forex market, how they contrast with indirect quotes, and how they apply to major currencies like the USD, GBP, and EUR.
Explore how Net Foreign Assets (NFA) measure a nation's financial status as a global creditor or debtor, and learn about the impacts of valuation and exchange rates on NFA.
Explore the concept of overshooting in economics. Discover how this theory explains the volatility of exchange rates due to price stickiness and monetary policy influences.
Dive into the implications of the trilemma theory in economics, exploring the challenges countries face while balancing exchange rates, capital flows, and autonomous monetary policy.