Pegged currency and Profit and Loss reserve: Difference between pages

Latest revision as of 22:33, 3 August 2020

Cumulative profits (for all periods to date) which have been retained by the company and not distributed to the shareholders as dividends.

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-A pegged currency is one whose exchange rate is either fixed or managed within a defined range.
+Cumulative profits (for all periods to date) which have been retained by the company and not distributed to the shareholders as dividends.
-Contrasted with a floating currency.
 == See also ==
+* [[Distributable reserves]]
+* [[Dividend]]
+* [[Loss]]
+* [[Profit]]
+* [[Profit and Loss account]]
+* [[Reserves]]
+* [[Retained earnings]]
+* [[Shareholders]]
-* [[Floating exchange rate system]]
+[[Category:Accounting,_tax_and_regulation]]
-* [[Crawling peg system]]
+[[Category:The_business_context]]
-[[Category:FX_Risk]]