The term quot Hot Money quot means quot ........

Economic Affairs Financial Markets

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The term "Hot Money" means"

Currency whose value is likely to fall sharply

Currency whose value is likely to go up rapidly

Money which has a tendency to fly out of the country

Currency which commands high value in international market

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Explanation:

3rd statement is correct.
"Hot money" refers to funds that are controlled by investors who actively seek short-term returns. These investors scan the market for short-term, high interest rate investment opportunities. A typical short-term investment opportunity that attracts "hot money" is the certificate of deposit (CD).