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Selected Glossary Demurrage – is the fee levied by the terminal if an importer has not taken full delivery of a cargo and moved it out of the port for unpacking within the allowed free days.

HomeAYV NewsSelected Glossary Demurrage - is the fee levied by the terminal if...

Selected Glossary Demurrage – is the fee levied by the terminal if an importer has not taken full delivery of a cargo and moved it out of the port for unpacking within the allowed free days.

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Inflation – is a sustained increase in the general price level of goods and services in an economy over a period of time during which money loses some of its value because its purchasing power falls.

Interbank Rate is the rate of interest charged on short-term loans made between banks.

Monetary Policy – refers to how central banks manage liquidity by changing interest rates to control the demand for money and hence the rate of increase of bank lending. This in turn affects the level of demand in the economy and other parameters such as borrowing for consumption and investment.

Monetary Policy Rate –

inflation deflation).

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Consumer Price Index (CPI) – is a measure of the aggregate price level of a basket of consumer

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goods and services in an economy.

is a monetary/standard measure of the market value of all

the final goods and services produced by a country during a period. GDP is the single most

important indicator to capture economic activity, but it is not necessarily a good measure of

societies’ wellbeing. 

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