Marna The Kuwaiti Dinar (KWD) is the official currency of Kuwait. It is subdivided into 1000 fils. The Kuwaiti Dinar is pegged to the US Dollar at a rate of 1 KWD = 3.29 USD. The Kuwaiti Dinar was introduced in 1961, replacing the Gulf Rupee. At that time, 1 Kuwaiti Dinar was equal to 1 … Read more
According to the Basel Accords, Tier 2 capital consists of items such as revaluation reserves, hybrid instruments, and subordinated term debt. This type of capital is not as easily convertible to cash as Tier 1 capital, but still provides a measure of protection for a bank’s creditors in the event of insolvency. What is a … Read more
. Hammer Candlestick: Definition and Use. What is a candlestick in investing? Candlesticks are a type of chart used to visualize price data for a security. Each candlestick represents the price data for a specific time period, and can provide insight into the price action for that period. Candlesticks are often used in conjunction with … Read more
