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Hot money

Summary: Hot money is money in one currency that can be easily exchanged to another currency in search of higher returns. This causes the the first currency’s exchange rate to fall rapidly. It is money held in currency markets by speculators. ...

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Hot money

     From Wikipedia, the free encyclopedia.

Hot money is money in one currency that can be easily exchanged to another currency in search of higher returns. This causes the the first currency’s exchange rate to fall rapidly. It is money held in currency markets by speculators.

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This article is from Wikipedia. This article was up-to-date as of 8 May 2004 - See live article
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