, also known as Mary Base, strong Money and initial Money, because of its ability to multiply or contract the total amount of Money supply, it is also known as high-powered Money. It is a debt certificate issued by the central bank and manifested as the deposit reserves of commercial banks and the currency held by the public.
Base money mainly includes cash on hand, reserve deposits and cash held by the public.
Base money = various deposit reserves + cash + legal reserves + excess reserves + cash on hand in the banking system + cash held by the public The quoted currency is quoted by the quoted party at the same time, and the customer decides the direction of buying and selling.
A smaller spread between and means a smaller cost for investors.
At present, the quotation of margin trading in foreign countries is basically at 3-7 p.m., in Hong Kong at 6-8 p.m., and the actual transaction of domestic banks ranges from 10-40 p.m.
