Foreign Exchange (FX) refers to money denominated in the currency of other nations or group of nations. The exchange rate is the price or the number of units of the nation’s currency that must be surrendered in order to acquire one unit of another nation’s currency (e.g. US$1.00 = J$85.50). Some of the most frequently [...]
Continue reading...Friday, March 18, 2011
Barita Investments is reportedly awaiting regulatory approval of a new retirement fund and pooled funds product. According to reports, the retirement fund is awaiting the approval of the Financial Service Commission. Speaking yesterday, at Barita’s annual general meeting, company chairman Rita Humphries-Lewin said “This year we hope to introduce our Retirement Fund as this is [...]
Continue reading...Thursday, October 28, 2010
Just yesterday, Barita Investments launched its ‘Tuition Builder Account’, a money market fund that’s been set up with the goal of helping parents to manage their children’s education expenses in the future. The fund offers interest rates greater than those provided by a regular savings account, and allows investors to pool their funds in order [...]
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Friday, April 1, 2011
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