Why traders and businesses park idle cash in overnight funds

Cash does not always need a long-term investment plan. A trader may have money sitting unused after closing a position. A business may receive a customer payment today but need the money for a supplier payment next week. Until then, the money is simply sitting idle. Overnight funds are one option for such short-term surplus. … The post Why traders and businesses park idle cash in overnight funds appeared first on Chandigarh Metro.

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