NTH YEAR
Nth Year represents the number of years since the start of the dataset or period, allowing sequential year tracking. Formatted as an integer, e.g., 01.
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Interest rates are the cost of borrowing money or the return on investment for lending money, typically set by central banks. In trading, interest rates influence the valuation of currencies, bonds, and stocks. When interest rates rise, borrowing becomes more expensive, and investments in bonds may offer higher yields. Traders closely monitor central bank decisions and economic data to anticipate interest rate changes, adjusting strategies in forex, fixed income, and equity markets based on expected rate movements.