INTERCHANGE RATE
Fee charged by banks to compensate the cost of handling and credit risk in a bank credit or debit card transaction. Usually, these fees are paid to the bank that funds a transaction, hence, incurring a risk. It is computed according to authorization costs, average bank cost of funds, and losses due to fraud and credit. Interchange rate is revised regularly.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:00 | Mid-Year Economic and Fiscal Outlook | ||
| 02:01 | Rightmove House Prices | Dec | |
| 04:00 | Fixed Asset Investment | Nov | |
| 04:00 | Industrial production | Nov | |
| 04:00 | Retail Sales | Nov | |
| 04:00 | Unemployment Rate | Nov | |
| 04:00 | NBS Press Conference | ||
| 06:30 | Tertiary Industry Index | Oct | |
| 09:00 | Wholesale Price Index | Nov |
