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  2. Exchange rate history of the Indian rupee - Wikipedia

    en.wikipedia.org/wiki/Exchange_rate_history_of...

    The data on exchange rate for Japanese Yen is in per 100 Yen. The end year rate for 1998–99 pertain to March 26, 1999 of Deutsche Mark rate. Data from 1971 to 1991–92 are based on official exchange rates. Data from 1992 to 1993 onward are based on FEDAI (Foreign Exchange Dealers' Association of India) indicative rates.

  3. National debt of the United States - Wikipedia

    en.wikipedia.org/wiki/National_debt_of_the...

    The federal debt at the end of the 2018/19 fiscal year (ended September 30, 2019) was $22.7 trillion (~$27.1 trillion in 2023). The portion that is held by the public was $16.8 trillion. Neither figure includes approximately $2.5 trillion owed to the government. [ 83] Interest on the debt was $404 billion.

  4. Adjustable-rate mortgage - Wikipedia

    en.wikipedia.org/wiki/Adjustable-rate_mortgage

    Adjustable-rate mortgage. A variable-rate mortgage, adjustable-rate mortgage ( ARM ), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets. [ 1] The loan may be offered at the lender's standard variable rate ...

  5. Crore - Wikipedia

    en.wikipedia.org/wiki/Crore

    Crore. A crore ( / krɔːr /; abbreviated cr) denotes ten million (10,000,000 or 10 7 in scientific notation) and is equal to 100 lakh in the Indian numbering system. It is written as 1,00,00,000 with the local 2,2,3 style of digit group separators (one lakh is equal to one hundred thousand, and is written as 1,00,000). [ 1]

  6. Nominal interest rate - Wikipedia

    en.wikipedia.org/wiki/Nominal_interest_rate

    The nominal interest rate, also known as an annual percentage rate or APR, is the periodic interest rate multiplied by the number of periods per year. For example, a nominal annual interest rate of 12% based on monthly compounding means a 1% interest rate per month (compounded). [ 2] A nominal interest rate for compounding periods less than a ...

  7. Foreign exchange market - Wikipedia

    en.wikipedia.org/wiki/Foreign_exchange_market

    USD/ SEK exchange rate. USD/ CHF exchange rate. The foreign exchange market ( forex, FX (pronounced "fix"), or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging ...

  8. Interest rate cap and floor - Wikipedia

    en.wikipedia.org/wiki/Interest_rate_cap_and_floor

    The purchase price of a cap is a one-off cost and is known as the premium. [1] The purchaser of a cap will continue to benefit from any rise in interest rates above the strike price, which makes the cap a popular means of hedging a floating rate loan for an issuer. [1] The interest rate cap can be analyzed as a series of European call options ...

  9. Mortgage interest rates for today March 6, 2024: Rates drop ...

    www.aol.com/finance/mortgage-interest-rates-for...

    An overall downward trend is expected, but as of today, Wednesday, March 6, 2024, here's where the numbers stand. 30-year fixed rates are 7.21%. 15-year fixed rates are 6.62%. 5/1 adjustable rate ...