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· just now. 1) Indian currency can be traded in the open market so its fluctuation depends on the trade balance and the market forces. 2) RBI only takes care that speculators do not cause it to fluctuate sharply. so it ensures a soft rise/fall. 3) On how the exchange rate works simply go for a book on market forces. If the USD/CAD exchange rate is 1.0950, that means it costs 1.0950 Canadian dollars for 1 U.S. dollar. The first currency listed (USD) always stands for one unit of that currency; the exchange rate shows how much fo the second currency (CAD) is needed to purchase that one unit of the first (USD).
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1 day ago How long will it take to double my money and what time frame do I have SEBI website under “Intermediaries/Market Infrastructure Institutions. 28 Jul 2017 If you make a 12 percent gain per year in the stock market — and historically large-cap stocks deliver roughly 10 percent per year — it would take
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Shares of oilfield services provider Schlumberger (NYSE: SLB) are bouncing off of support near the late-December lows, setting the stage for a challenge of the 50-day moving average. Such a move
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6 days ago Back in 1966 when the Australian dollar was first introduced, it was actually fixed against the British pound at an equivalent value of one gram
The rate shown applies to the defined benefit plan and the Pension Plus Plan. The investment return assumption used for the Pension Plus 2 plan is 6.0 percent. Rates for the Michigan PSERS and SERS plans are subject to the Dedicated Gains Policy, a method for reducing the investment return assumption Use a conservative number almost based on a worst case scenario. I often default to the risk free rate of return or the 3 year GIC rate. Then use an optimistic return. If we look at the stock market, it’s commonly thought that the stock market could produce 10% to 15% returns. Then use a balanced or realistic approach.