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The Hindu Business Line  2 hrs ago  Comment 
IT stocks are likely to witness a near-term correction: analysts
Forbes  2 hrs ago  Comment 
Digital marketing has been ‘metrics-driven’ for more than a decade. But amidst all those numbers, the question remains: What are the metrics that matter? Might "Attention" become a new currency metric for digital marketing? To learn more we...
MarketWatch  4 hrs ago  Comment 
The European Central Bank’s quantitative easing, and higher interest rates elsewhere are likely to make the euro, once again, the world’s favorite borrowing currency
Forex News  5 hrs ago  Comment 
The New Zealand dollar bounced after the initial drop earlier today but was unable to log gains as domestic macroeconomic data that came out over the weekend was detrimental to the currency’s performance.(...)Read the rest of NZ Dollar...
The Economic Times  5 hrs ago  Comment 
Petr Krpata, a currency strategist at ING, said the euro's gains would be short-lived, attributing them to profit-taking on the dollar.
The Hindu Business Line  7 hrs ago  Comment 
Currency midday update for March 9, 2015 by Veracity Financial Services ...
Forex News  8 hrs ago  Comment 
The US dollar ended the last week on a positive note. Can the US currency maintain its bullish momentum or a pause in the rally should be expected?(...)Read the rest of Dollar Forecast for Week Before Fed Meeting (223 words) Posted on...
BBC News  10 hrs ago  Comment 
Advertising giant WPP reports record annual profits despite what it called "strong currency headwinds" throughout 2014.
MarketWatch  12 hrs ago  Comment 
The dollar weakened Monday as traders buy back pounds and euros at a discounted rate following Friday’s massive depreciation.
The Hindu Business Line  Mar 9  Comment 
The rupee began the week on a lower note declining 38 paise to end at 62.55 against the dollar on Monday as strong US jobs data strengthened the American currency. The Indian currency had...




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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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