Money Essays

Abstract Purpose The purpose of this paper is to analyze the information content of the Islamic interbank money market rate (IIMMR), with respect to several macroeconomic indicators such as output, inflation, exports, imports, bank loans and stock market index, and compare it against that of the conventional interbank money market rate using the Malaysian data. […]

INTERNATIONAL FINANCIAL MARKETS It differs from a forward contract in that Toyota has the right but not the obligation to exchange the currency, and options have premiums that make them more expensive than forward contracts. Other strategies for managing foreign currency exchange rate risk include foreign currency borrowing and foreign currency swaps. Effectiveness of these […]

To resolve the issue of an outstanding and significant amount owed by Cold Gold Sdn Bhd, immediate action is necessary. It is recommended to avoid conducting transactions with Cold Gold until payment has been requested to prevent the amount from increasing further. If credit needs to be extended prior to payment, approval must be obtained […]

In 1620, when the Pilgrims arrived at Plymouth Rock, they brought a significant amount of alcohol, including beer and other liquors. Their intention was to trade or sell these beverages to the Native Americans in exchange for products like medicinal relaxants. In turn, the Indigenous people introduced the Pilgrims to tobacco and various drugs such […]

Despite political and economic reforms in many developing countries, countertrade promises to be a significant tool for consummating international transactions. It is unlikely that these countries will find all the foreign exchange they need to finance their restructuring programs. Thus, international managers need to develop a countertrade plan within their overall international marketing plan. A […]

Computers have played a crucial role in the development of technology, leading to significant changes in society. Computer technology has progressed to the point where it is utilized for enhancing computer equipment. In today’s interconnected world, almost everything depends on this technology. Before computers were invented, our knowledge of outer space was severely restricted. However, […]

The study focuses on the impact of electronic payment systems on Nigeria’s cashless economy. It suggests that before fully transitioning to a cashless economy, it is important to develop and examine the e-payment system. This is because many small businesses and petty traders in Nigeria rely on cash for transactions. To successfully transition, reforms should […]

The research aimed to assess the impact of mobile and internet banking on financial institutions in Nairobi, Kenya. It also sought to determine the level of utilization of these services within the institutions. The study involved 30 financial institutions and found that balance inquiry was the most popular internet banking service, while online bill payment […]

Through a global network of agents and financial institution customers, we provide our products and services to both consumers and businesses. Ted Predestine, the systems development manager at Monogram, which is a renowned global payment services company, emphasizes the significance of fraud detection. He narrates an incident involving a 100-year old grandmother who reached out […]

During a conference in Boao, Hainan, Mr. Zhou, Governor of the PBOC, made an important statement addressing the possibility of banning Bitcoin. He emphasized that since Bitcoin was not initiated by central banks, it cannot be prohibited. This declaration holds significance due to recent rumors regarding China’s potential ban on Bitcoin. Although the People’s Bank […]

500 Startups, a startup accelerator and investor specializing in early-stage companies, has revealed the list of firms that have been selected to be part of its program. Out of the 29 firms, five companies involved in bitcoin have been selected for the startup accelerator in Mountain View. The list of five firms includes Coinalytics, GogoCoin, […]

Clients are also complaining that they have disabled API. Bitcoin exchange processor EgoPay has frozen all clients’ accounts including bitcoin accounts of renowned echanges BTC-e and Bitmarket.pl. Based in Lithuania and registered in Malta, Egopay is an electronic payment processor and gateway which seems to be victim of the current industry environment. BTC-e informed that […]

BitcoinVOX had the chance to interview Ritika Sen, Marketing Director For Digital FX Wealth Manager BitSpread. Remember Warren Buffet wrote in his last lettter to investors, that volatility is not a risk. Considering the historical volatility of bitcoin, see how you can make it an opportunity. – What is BitSpread ? Ritika Sen: BitSpread is […]

If you have suffered financial losses due to the Banners Broker Ponzi scheme, it is crucial to contact both local law enforcement and the financial services authority in your country. Remember, there is no shame in reaching out for help. This article offers an explanation of why taking action and reporting the scheme is essential. […]

Some time ago I reported that some supposed Ukrainian crowdfunding website called Uinvest, which in reality is a Ponzi scheme, organized some kind of a conference in the United States on April 29 until May 1st. Among two people who pretended to be the Uinvest CEO and the Uinvest lawyer, the scheme also managed to […]

After a year long investigation, police in Montreal has arrested a 29 year old man who is the alleged ring leader of an online criminal organization which laundered millions of dollars over a five year period. Officers seized evidence, including 3 Apple Laptops, multiple hard drives as well as physical ledgers. Dhanani was scheduled to […]

After a huge ponzi scheme called “Zeek Rewards” has been shut down last year, a HYIP ponzi scheme called “Profitable Sunrise” is now getting bigger, as lots of Zeek victims, including ponzi pitchmen, switched over to the new program. This is once again an example how blind people can be, as they are falling for […]

A HYIP (High Yield Investment Program) is a kind of ponzi scheme, which is promising unsustainable high returns on investments made by people who play these money games. The profits for the previous investors are paid by investments made by new investors. Nowadays the so called “HYIP Industry” has become a pretty big market and […]

Nowadays, the items we buy frequently comprise extensive sets of zeros. There is a high demand for expensive software, top-notch music, and valuable reference items. Computerized databases or CD-Rom encyclopedias fall under the category of commercial material. While products may share similarities with others, what sets them apart is their mode of communication. The ease […]

Many people believe that money can bring happiness in today’s materialistic society. However, happiness cannot be quantified by money. It is a mental state characterized by absolute joy and deep satisfaction. Thus, even if someone has an abundance of money and can purchase anything they desire, there is no guarantee of true happiness as there […]

Financial responsibility is an important part of adulthood. Those who are financially responsible, are able to live a better quality of life because they live within their means and aren’t drowning under thousands of dollars worth of debt. The key to becoming financially responsible is understanding how to make smart financial decisions and how important […]