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MYR: Malaysian Ringgit Definition, Currency Symbol, Exchanging | ORBITAL AFFAIRS
The Malaysian ringgit (MYR) is the currency of Malaysia. It is a free-floating currency but is not traded outside the country.
India’s Money-Making Fundamentals | ORBITAL AFFAIRS
As of 2021, India has the sixth-largest nominal GDP and the third-largest purchasing power parity (PPP) in the world.
OCA Theory in Economics: Examples | ORBITAL AFFAIRS
Optimum currency area (OCA) theory states that there are regions, not bounded by national borders, that should share a common currency.
CIVETS: Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa | Orbital...
CIVETS is an investing acronym for Colombia, Indonesia, Vietnam, Egypt, Turkey, and South Africa, nations seen as rising emerging markets in the late 2000s.
Where Are the Major Players of the 2008 Financial Crisis Today?
The impact of the 2008 financial crisis was felt around the world. Here is a look at how some of the primary players fared...
FEM Definition: Macroeconomic Stabilization Fund
The Macroeconomic Stabilization Fund (FEM) was established by Venezuela to stabilize cash flow from oil production.
Countries’ Approaches to Debt Management
For many emerging economies, issuing sovereign debt is the only way to raise funds, but things can go sour quickly.