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MarketWatch  50 min ago  Comment 
The price of bitcoin jumped to a record high on Wednesday, boosted amid a broad equity selloff and a move to safe haven assets. The price of one bitcoin climbed 6%, according to pricing website CoinDesk, reaching an all-time high of $1,821.21....
Wall Street Journal  2 hrs ago  Comment 
The Trump administration has told senators it is considering adding rules barring currency manipulation to the North American Free Trade Agreement, according to congressional aides, a departure from past U.S. policy that could set a precedent for...
Clusterstock  4 hrs ago  Comment 
The US dollar index is down by 0.2% at 97.890 as of 9:46 a.m. ET on Wednesday. That brings the dollar back to roughly where it was just before the US presidential election. The index closed at 97.861 on November 8, the day of the election,...
Financial Times  30 min ago  Comment 
CNNMoney.com  8 hrs ago  Comment 
Is infecting more than 300,000 computers around the world with a ransomware virus a good way to make a fortune? It sure doesn't look like it.
MarketWatch  10 hrs ago  Comment 
The dollar fell against its major rivals Wednesday, extending its recent weakness amid escalating U.S. political concerns following a report that President Donald Trump tried to influence an FBI probe into links between his inner circle and Russia.
The Economic Times  May 17  Comment 
PBOC set its official midpoint at 6.8635 per dollar prior to the market open on Wednesday.
The Economic Times  May 17  Comment 
US currency against a basket of 6 major rivals, last stood at 97.929, down 0.2 per cent.
The Hindu Business Line  May 17  Comment 
Currency daily report for May 17, 2017 by Veracity Financial Services ...
The Hindu Business Line  May 16  Comment 
Currency daily report for May 16, 2017 by Veracity Financial Services ...




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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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