Jurnal Akuntansi, Manajemen dan Bisnis Digital
Vol 2 No 1 (2023): Januari

Conventional Money Market Practices and Prices in Conventional Money Market

Iir Tsamrotur Rofa (Prodi Asuransi Syariah. Fakultas Ekonomi dan Bisnis Islam. Universitas Islam Negeri Sumatera Utara)
Muhammad Ikhsan Harahap (Universitas Islam Negeri Sumatera Utara)



Article Info

Publish Date
25 Jan 2023

Abstract

The money market has an important role in the economy. For those who have a surplus of funds, the money market is an important means of investment. Meanwhile, for those who need funds, the money market is an important solution to overcome the problems they face. In today's modern era, transactions that occur in the money market are generally carried out directly through the telephone electronic data link media. These transactions are called Over the Counter (OTC) transactions. The actors can carry out transactions on the domestic (domestic) or foreign market that do not require a real market form. Transactions on the money market can be carried out 24 hours a day around the world, allowing fund owners to put their capital in markets that provide high interest rates. Meanwhile, borrowers can look for loans in the market that offers the lowest interest rates. Prices in the Conventional Money Market are usually expressed as a percentage that represents the income (return) associated with the use of money for a certain period of time

Copyrights © 2023






Journal Info

Abbrev

jambd

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

JURNAL AKUNTANSI, MANAJEMEN DAN BISNIS DIGITAL is a peer-reviewed journal. Journal of Accounting, Management and Digital Business invites academics and researchers who do original research in the fields of accounting, management, and Digital Business including but not limited to: Accounting Sciences ...