Understanding the Capital Account for Forex Traders
The capital account is a fundamental component of the balance of payments, which tracks the flow of money into and out of a country
International Economics
Understanding the Impact of Petrodollars
Petrodollars refer to the revenues earned by oil-exporting countries through the sale of petroleum. These revenues are typically denominated in U.S. dollars, as oil is predominantly traded in this currency
Understanding Financial Contagion
Financial contagion refers to the spread of financial distress, shocks, or disruptions from one market or institution to others. It is characterized by the rapid transmission of negative economic events, such as a crisis or downturn, across interconnected financial systems
Understanding De-Dollarization
De-dollarization is a multifaceted phenomenon characterized by a decrease in the use of the USD as a medium of exchange, unit of account, and store of value in international transactions