Correspondent bank - Definition

Foreign bank provides services to another bank that has no place in the foreign location.

Terms near "Correspondent bank"

Cost Center
Cost Driver
Cost Driver Analysis
Cost Element
Cost Management
Cost Object
Cost Object Driver
Cost Pool
Counter currency
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Correspondent bank - Related articles & news

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There are many factors that affect exchange rates of currencies. However some are more important in currency trading than others. These are; Interest and Inflation rates, Trade balance, Currency market speculation, Foreign investment and Central bank market intervention. Learn how to use these factors in your forex tra ...

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