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Floating Exchange Rates Mutual Funds Time value of money Foreign Exchange Market
Type of exchange rate regime wherein a currency’s value is allowed to fluctuate according to the foreign exchange market. 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. Forex (FX) is a form of exchange for the global decentralized trading of international currencies.