EGP
Currency abbreviation for the Egyptian pound, the official currency of Egypt. It was first used in 1834 upon replacing the Egyptian piastre. The currency was linked first to the gold standard, then to the British pound until in 1962, the country modestly reduced the pound and pegged it to the US dollar. The residents of Gaza Strip unofficially use the currency.
POPULAR TERMS
Account Hold
Account holds are the deposits that are withheld before they are actually credited to a specific account, like the deposited checks that came from ...
Regulation Y
A Federal Reserve regulation which regulates corporate bank holding company practices as well as particular practices of state-member banks. Practi ...
Naked Position
It is a security position which is not hedged from the market risk. Both the potential gain and potential risk are larger when a position is ...
Turnaround
Financial recuperation of a company following a deteriorating financial performance over a prolonged time. Companies experiencing financial difficu ...
Carve-Out
Partial divestiture of a business unit. The firm is not selling that unit overnight and may instead sell an equity share in the business or spin it ...
POPULAR ARTICLE
SEE FOREX TUTORIAL
Digesting Financial Statements: Revenue
When it comes to reporting revenue, companies should pinpoint the perilous revenues, match reported revenues to the money at hand, and analyze and ...
Inflation and Investments
“How does inflation affect my investments?”
Most investors ask this question, particul ...
Student Loans: Federal Loans
Most of the students mull over the idea of maximizing the federal loan availability first before borrowing for college through a private loan. Norm ...
Digesting Financial Statements: Cash Flow
Companies generate money from borrowers and/or borrow money from creditors. Next, firms purchase assets and/or finance projects and programs. Then, ...
Retirement Planning: The Significance of Retirement
Previously, we went through the overview of retirement. In this article, we will now explore its significance, before discussing how to map out a s ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 09:00 | GDP | 3 quarter | |
| 09:00 | Current Account | 3 quarter | |
| 09:00 | Business Investment | 3 quarter | |
| 09:00 | Import Price Index | Nov | |
| 10:00 | GDP | 3 quarter | |
| 15:30 | Gross Domestic Product | Oct | |
| 15:30 | Industrial Product Price Index | Nov | |
| 15:30 | Raw Materials Price Index | Nov | |
| 15:30 | Durable Goods Orders | Nov |
