|February 17, 2020|
The percentage value at which the Central Bank of a given country provides credit resources to commercial banks. Increase or decrease in this indicator allows to adjust the economic conditions, including influencing the national currency rate.
This means that the investor buys financial assets counting on the growth of their value and profit from their sale. This term is derived from the established opinion that the stock market has a long-term upward trend, and thus, over a long period of time, the price of the once-purchased shares will inevitably increase.
The official currency of the 19 countries of the Eurozone which compose the European Union. The Euro was entered into non-cash circulation on January 1, 1999, and on January 1, 2002, into cash circulation. This is the world's second largest currency after the US dollar.
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