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Wall Street Journal  2 hrs ago  Comment 
Pfizer’s strong results were undermined by currency effects—which also raise pressure to do a deal.
CNNMoney.com  3 hrs ago  Comment 
From Brazil to South Africa, emerging market currencies are at or near record lows against the U.S. dollar.
Financial Times  6 hrs ago  Comment 
China, commodity prices and dollar lead to falls
Financial Times  6 hrs ago  Comment 
Currency of world’s largest exporter sees less traction on capital markets
Financial Times  6 hrs ago  Comment 
Escape from dollar zone requires Beijing to open up markets
Financial Times  6 hrs ago  Comment 
China’s currency has come a long way since the age of ‘foreign exchange certificates’
Financial Times  6 hrs ago  Comment 
Currency intervention that chilled US-China relations has been quiet but is threatening to resurface
Clusterstock  6 hrs ago  Comment 
By David Milliken and William Schomberg LONDON (Reuters) - British economic growth got back on track in the second quarter but the strength of the pound hurt manufacturers, putting the Bank of England in a tricky spot as it gets closer to raising...
Financial Times  4 hrs ago  Comment 
Forbes  7 hrs ago  Comment 
TripAdvisor braved currency headwinds to register 25% topline growth, boosted by the growth of its attraction, restaurant, and vacation rental business. While its Instant Booking Platform gained partnership with 6 out of the top 10 global hotel...
The Hindu Business Line  Jul 28  Comment 
The rupee was trading strong at 63.91 against the US currency in the evening session on sustained bouts of dollar selling by banks and exporters. The rupee resumed higher at 64.14 per do...




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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

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