Mondo Visione  2 hrs ago  Comment 
The Office of the Comptroller of the Currency (OCC) today announced the selection of Andrew M. Pugh to be the agency’s Deputy Comptroller for Administrative Operations. Mr. Pugh will supervise the OCC’s Workplace Services and Acquisition...
MarketWatch  3 hrs ago  Comment 
Investors have been underestimating the pace at which money is leaving China.
The Economic Times  5 hrs ago  Comment 
The agency has sought details from these banks after it got reports about suspicious activities of some huge transactions being reported.
The Hindu Business Line  5 hrs ago  Comment 
The cash-dependent Indian farm sector has been hit by the demonetisation of high-value notes and the resultant currency shortage. The prevailing cash crunch has hit the growers of perishables more com...
Forex News  7 hrs ago  Comment 
The British pound opened the week on a negative note today, as thin trading volumes pushed the currency lower against its major peers. Increasing uncertainty toward Brexit caused the British pound to decline for the past two weeks...
Yahoo  11 hrs ago  Comment 
A small, but rapidly growing number of digital technology start-ups is raising cash by creating and selling their own currencies in offerings that bypass banks or venture capital firms as intermediaries and are outside the reach of financial...
The Economic Times  Dec 19  Comment 
As per the SBI research report, post demonetisation, there has been a 7 per cent jump in small denomination currency share in overall currency.
Reuters  Dec 19  Comment 
Prime Minister Dmitry Medvedev said on Monday the Russian government would allow the issuance of state debt denominated in the currencies of the BRICS group of countries.  Dec 19  Comment 
BRUSSELS (dpa-AFX) - The Swiss central bank further strengthened its provisions for currency reserves for the 2016 financial year, raising the total to CHF 62.8 billion. The Bank Council approved the allocation to the provisions for currency...


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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