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Floating Exchange Rates Investment Scheme Mutual Funds Time value of money
Type of exchange rate regime wherein a currency’s value is allowed to fluctuate according to the foreign exchange market. A collective investment scheme is a way of investing money alongside other investors in order to benefit from the advantages. Professionally managed collective investment vehicle that pools money from many investors to purchase securities. The time value of money is the value of money with a given amount of interest earned or inflation accrued over a given amount of time.