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    About: changhongshan

    Recent Posts by changhongshan

    Bank reserve

    Funds held by banks to ensure sufficient liquidity for daily operations and to cover unexpected financial needs.

    Barrel

    A standard unit of measurement used for crude oil and petroleum products.

    Basis point

    A unit used to measure changes in interest rates or yields, equal to 0.01%.

    Balance

    The total amount of funds currently available in an account after all transactions are accounted for.

    Bank rate

    The interest rate at which a central bank lends money to commercial banks.

    Recent Comments by changhongshan