RECENT NEWS
Benzinga  43 min ago  Comment 
International Flavors & Fragrances Inc (NYSE: IFF) reported upbeat results for the first quarter on Tuesday. The New York-based company reported quarterly earnings of $128.3 million, or $1.57 per share, compared to $106.7 million, or $1.30 per...
The Economic Times  1 hr ago  Comment 
The euro rose against a broadly weaker dollar in Europe on Tuesday, with gyrations on the bond market undermining the broad story of US currency strength that has dominated the past year on foreign exchange markets.
Benzinga  2 hrs ago  Comment 
July Coffee is trading a little higher Tuesday morning. July Coffee is at 135.00, up 0.65. September Coffee is trading at 137.45, up 0.55. Market talk about global currency values and weather is lingering during range-bound trading overnight....
guardian.co.uk  4 hrs ago  Comment 
Budget airline notches up first-half profit but investors respond to weak outlook and seat revenues warning EasyJet swung to a record first-half profit as fuel costs fell, but the budget airline’s shares dropped after it warned that currency...
Wall Street Journal  5 hrs ago  Comment 
Currencies in emerging Asia hit their weakest in months after days of grinding lower, as bond markets reverse gains and fresh signs of sluggish growth in the global economy emerge.
Clusterstock  6 hrs ago  Comment 
Citi warned, in a regulatory statement filed in the United States, that it is could plead guilty to Department of Justice allegations over currency market manipulation. It said:  "A resolution with the Department of Justice could include a...
The Hindu Business Line  6 hrs ago  Comment 
Currency daily report for May 12, 2015 by Veracity Financial Services
The Economic Times  7 hrs ago  Comment 
The rupee had ended higher by 9 paise at 63.85 against the American currency in yesterday's trade on persistent selling of dollars by banks.
New York Times  May 11  Comment 
Democrats say they will filibuster a trade measure set for a vote Tuesday unless it is combined with a separate customs enforcement bill that would crack down on currency manipulation.
MarketWatch  May 11  Comment 
The dollar strengthens Monday as discussions between Greece’s leaders and European Union finance ministers appear to yield little progress.




RELATED WIKI ARTICLES
 
TOP CONTRIBUTORS

See also Currency Pairs.

A currency is a unit of exchange that can be used to purchase goods and/or services in one or more countries. With the notable exception of the European Union, most countries have a monopoly over the production and supply of their respective currencies.

Depending on the way a country manages its currency in the foreign exchange market, it can be either fixed rate (as in China) or floating rate (as in the United States) with respect to other currencies. In a fixed rate regime, the currency's value is matched to the value of another currency, a basket of currencies or some other measure of value (like gold) - in such cases, the country's central bank will trade the currency to maintain the fixed exchange rate - for example, by agreeing to always exchange a fixed amount of the country's currency for a fixed amount of the currency to which it's pegged. In a floating rate regime, supply and demand dictates the currency's exchange rate, and the currency's value will fluctuate on the basis of the country's balance of trade, deficits, interest rates, and other factors

Current exchange rates are called spot prices. In contrast, Exchange rates set for currency transactions in the future are called forward prices. These prices are generally specified in forward contracts that are used by cross-border companies to hedge against currency risk.

This is the chart for Euros per 1 U.S. Dollar. Scroll down for a list of other currencies on Wikinvest.



Currencies on Wikinvest

RON

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki