Thursday, December 23, 2010

Forex Glossary - I

Inflation

An economic condition whereby prices for consumer goods rise, eroding purchasing power.


Initial Margin

The initial deposit of collateral required to enter into a position as a guarantee on future performance.


Interbank Rates

The Foreign Exchange (forex) rates at which large international banks quote other large international banks.


Intervention

Action by a central bank to effect the value of its currency by entering the market. Concerted intervention refers to action by a number of central banks to control exchange rates.

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