EXCHANGE

In this article of My Economy Guide , we will cover the concepts of foreign exchange , appreciation and preference , interest and inflation , relative income and speculation . This article will help you understand the economy and exchange rates. First, let us briefly define the exchange rate. The exchange rate is the current price of one country currency compared to another country currency. When a currency […]

MONEY AND INTEREST

You will find a lot of information about the history of money and the details of interest in My Economy Guide and you can easily learn the information mentioned in this content written in a very simple expression. Before examining the concepts of money and interest, we recommend that you read our article Economy and Trade .   WHAT IS SWAP? In the days before the invention of money, people would give […]