Day: October 19, 2022

MONEY AND BANKS – Click to view FINANCIAL MARKETS, FINANCIAL INSTITUTIONS AND FINANCIAL INSTRUMENTS – Click to view MONEY DEMAND AND MONEY SUPPLY – Click to view CENTRAL BANKING – Click to view AGGREGATE DEMAND (AD) AND AGGREGATE SUPPLY (AD) Read More …

Definition of foreign exchange market Foreign exchange is the system or process of converting one national currency into another, and of transferring money from one country to another. The term foreign exchange is also used to refer to foreign currencies. Read More …

The Bretton wood institutions The Bretton Woods Institutions are the World Bank, and the International Monetary Fund (IMF). They were set up at a meeting of 43 countries in Bretton Woods, New Hampshire, USA in July 1944. Their aims were Read More …

Monetary policy Monetary policy refers to the manipulation of money supply, liquidity and interest rates in the economy in order to achieve increased employment, economic growth, reduced inflation and improved balance of payments. Monetary policy works through the intermediary of Read More …

Interest rates Interest rate is the price that a borrower of funds must pay to the lender to secure use of funds for a specified period. An interest rate is a predetermined or negotiated payment made or received for the Read More …

A Financial Market is an institution or arrangement that facilitates the exchange of financial assets. They are mechanisms in our society for converting public savings into investments such as buildings, machinery, infrastructure and inventories of goods and raw materials. This Read More …

2. The rationale for regulation Financial systems are prone to periods of instability. In recent years, a number of financial crises around the world (South-east Asia, Latin America and Russia, Global financial crisis) have brought about a large number of Read More …

Introduction The economic development of any country depends, upon the existence of a well organised financial system. It is the financial system which supplies the necessary financial inputs for the production of goods and services which in turn promote the Read More …

INTRODUCTION TO FINANCIAL INSTITUTIONS AND CAPITAL MARKETS – Click to view FINANCIAL SECTOR REGULATION IN KENYA – Click to view FINANCIAL MARKETS – Click to view INTEREST RATE AND SECURITIES PRICES – Click to view MONETARY AND FISCAL POLICY – Read More …