Tag Archives: forex indicators

Economy of Russia

National economy The economy of Russia is an upper-middle income[28] mixed and transition economy. It is the fifth-largest national economy in Europe, the eleventh-largest nominal GDP in the world, and the fifth-largest by purchasing power parity. Russia’s vast geography is an important determinant of its economic activity, with some sources estimating that Russia contains over 30 percent of… Read More »

Exchange rate

Rate at which one currency will be exchanged for another USD, EUR and Romanian leu In finance, an exchange rate is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country’s currency in relation to another currency.[1] For example, an interbank exchange rate of 114 Japanese yen… Read More »

Binary option

A binary option is a financial exotic option in which the payoff is either some fixed monetary amount or nothing at all.[1][2] The two main types of binary options are the cash-or-nothing binary option and the asset-or-nothing binary option. The former pays some fixed amount of cash if the option expires in-the-money while the latter pays the value… Read More »