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The Norwegian krone is also informally accepted in many shops in Sweden and Finland that are close to the Norwegian border, and also in some shops in the Danish ferry ports of Hirtshals and Frederikshavn. Norwegians spent 14.1 billion NOK on border shopping in 2015 compared to 10.5 billion NOK spent in 2010. Border shopping is a fairly common ...
For a trade with a time to expiry of v days, the expiry date is the day v days ahead of the horizon date (unless it is a weekend or 1 January, in which case the date is rolled forward to a weekday) and for a trade with time to expiry of x weeks, the expiry date is the day 7x days ahead of the horizon date (with the same conditions as above).
A commodity currency is a currency that co-moves with the world prices of primary commodity products, due to these countries' heavy dependency on the export of certain raw materials for income. [1] Commodity currencies are most prevalent in developing countries (eg.
The dates are the third Wednesday of March, June, September and December (i.e., between the 15th and 21st, whichever such day is a Wednesday). These contracts stop trading the Monday preceding the third Wednesday of a March quarterly cycle. see CME Tutorial. IMM stands for the International Monetary Market.
fixing date: This is the day and time whereby the comparison between the NDF rate and the prevailing spot rate is made. This is essentially 2 days before the settlement day. settlement date (or delivery date): This is the day when the difference is paid or received. It is usually one or two business days after the fixing date.
Nokia (NOK) closed the most recent trading day at $5.36, moving -0.74% from the previous trading session.
Currency trading happens continuously throughout the day; as the Asian trading session ends, the European session begins, followed by the North American session and then back to the Asian session. Fluctuations in exchange rates are usually caused by actual monetary flows as well as by expectations of changes in monetary flows.
Nokia (NOK) closed the most recent trading day at $5.82, moving -0.85% from the previous trading session. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ...