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Money or Discount Markets - Financial Markets
1. Are discount and acceptance financial institutions
2. This is a market for S.T funds growing up in one year. Money market works via financial institutions.It facilitates moving of capital between users and savers.
3. The transfer can be direct or from saver to investor and indirectly via an intermediary.
4. Foreign swap market is part of money market also.
5. The discount market or money market is that market of, for short term loans.
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