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Evergrande Crisis and Its Impact on Stock Exchanges
Evergrande Crisis and Its Effect on the Stock Exchanges While Evergrande is known as one of China's most prestigious real estate companies, it has been on the agenda of the whole world with the financial difficulties it experienced towards the end of 2021. However, this crisis is not just about a company's financial troubles, it is also a remarkable example of how it is reflected in global stock markets. What is the Evergrande Crisis? Evergrande is a leader in China's construction and real estate […]
Difference between fixed and variable exchange rates
Fixed Exchange Rate: A fixed exchange rate system is a system in which a country's national currency (such as the dollar, euro, pound sterling) is valued at a fixed rate against another currency (usually the US dollar). This rate is usually set by the government or central bank and is not changed. Fixed exchange rate systems aim to keep the values of currencies stable. Advantages: Export and import […]
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