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Forbes  Jun 10  Comment 
With 12 million users last month, Roblox lets people create their own virtual immersive experiences, like modeling in a fashion show or making pies at a pizza parlor. Users buy virtual currency, called ?Robux,? so they can increase their power in...
Financial Times  Jun 10  Comment 
Currency slides 1.4% for biggest one-day loss since February on survey showing shift to Brexit
MarketWatch  Jun 10  Comment 
The pound plunged to its weakest level against the dollar in eight weeks on Friday after a new poll showed rising support for a vote to leave the European Union. The poll, conducted by the Independent, a British newspaper, showed 55% of U.K....
Benzinga  Jun 10  Comment 
There has been a lot of talk in recent years about Bitcoin and the potential of digital currencies. So far, very few banks and countries have made much actual progress in creating digital currencies, but Bloomberg’s Christopher Langner believes...
The Economic Times  Jun 10  Comment 
The currency gained 1.5 percent for the week, its biggest weekly gain since mid-March of this year.
newratings.com  Jun 10  Comment 
LONDON (dpa-AFX) - SThree plc (STHR.L), a specialist staffing business, reported Friday that its first-half group gross profit went up 6% at constant currency to 119.7 million pounds. Gross profit was up 11% excluding Energy at constant currency....
MarketWatch  Jun 10  Comment 
The U.S. dollar strengthened Friday against its main rivals, on track to log a modest weekly gain as investors held out hope that the Federal Reserve would raise interest rates in July or September.
The Australian  Jun 10  Comment 
A scenario in which the Aussie dollar nosedives to US40 is apparently very possible, according to a well-known currency watcher |WATCH
Clusterstock  Jun 9  Comment 
From country to country, monetary units vary nearly as much as the cultures and languages that use them. But have you ever wondered why a dollar is called a "dollar"? A recent post on the Oxford Dictionary's OxfordWords blog explained the...
MarketWatch  Jun 9  Comment 
Global PC shipments in 2016 is expected to decline more than previously expected, as market conditions have been weaker than expected, according to International Data Corp. Worldwide Quarterly PC Tracker. Shipments are forecast to decline 7.3%...




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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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