Money

UA RU Starting from 1 November 2024, the NBU will start gradually replacing the 50- and 200-hryvnia banknotes of the 2003–2007 designs (i.e., the old design) with latest-generation banknotes of the same denominations (design of 2014 and subsequent years of issue). Ukrainians will not need to exchange the old banknotes.  They can freely continue to pay with old-design banknotes, … Читать далее

UA RU Bull Run is a term used to describe a period of sustained price increases in cryptocurrencies. During this time, investors and traders show a strong interest in purchasing assets, leading to an increase in their value. Understanding a bull run is essential for successful trading and investing in cryptocurrency. What Is a Bull … Читать далее

UA RU In the world of financial markets, the terms bulls and bears are widely used to describe the behavior of market participants and market sentiments. Understanding these concepts helps in analyzing price changes in assets and choosing the right trading strategy. Who Are Bulls? Bulls in the market are investors and traders who are … Читать далее

UA RU Minimum Wage in Ukraine – What Is It? The minimum wage is a legally established level of remuneration that guarantees workers a certain income. It serves as the basis for determining other types of wages and social benefits, ensuring the protection of labor rights. The minimum wage is an important indicator of the … Читать далее

UA RU In the modern financial world, cash, electronic money and cryptocurrency play important but different roles. Despite the differences in form and mechanism of operation, they are interconnected and can be easily exchanged for each other. Let’s figure out how exactly this happens and how this interaction affects our daily lives. Cash and Electronic … Читать далее

UA RU What is cash? Cash is physical money, such as banknotes and coins, that can be used for direct purchases and payments. It is fiat money , which is money that has value because it is recognized and backed by a government, rather than being backed by a commodity such as gold or silver. Examples of cash … Читать далее

UA RU Fiat money is a form of national currency that is not backed by physical assets such as gold or silver. Their value is determined by the government and citizens’ trust in the economic system. The main function of fiat money is to serve as a medium of exchange and a means of storing … Читать далее