Showing posts with label Hot money. Show all posts
Showing posts with label Hot money. Show all posts
Tuesday, 31 August 2010
Word of the day: Hot money
Explanation: Hot money refers to large amount of short-term funds held internationally by banks, institutions and wealthy individuals which quickly move out of or into a country, usually, in anticipation of exchange rate movements or interest rate changes.
Hot Money is, therefore, an unstable source of funds.
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