RECENT NEWS
Forex News  Nov 29  Comment 
The US dollar demonstrated mixed performance this week. The currency fell against the euro, gained versus the Japanese yen and ended the week flat against the Great Britain pound. The month of November, on the other hand, was very good...
TechCrunch  Nov 28  Comment 
 Recently, PayPal announced several partnerships aimed towards enabling certain PayPal merchants to be able to accept Bitcoin as a form of payment from their customers. This was a significant announcement on multiple fronts as many had wondered...
The Hindu Business Line  Nov 28  Comment 
EconomyForex reserves down $672.4 millionIndia’s foreign exchange reserves fell $672.4 million in the week ended November 21 to $314.87 billion. Foreign currency assets, which...
Financial Times  Nov 28  Comment 
There was respite from better data for the shared currency as oil exposed units took the limelight
Forex News  Nov 28  Comment 
The New Zealand dollar fell against its US peer today despite positive domestic reports but trimmed its losses by now. Yesterday, the currency attempted to rally but failed. The kiwi managed to gain on the Japanese yen.(...)Read the rest...
Wall Street Journal  Nov 28  Comment 
The tumbling price of oil hammered commodity-dependent currencies as well as shares in oil and gas companies, a day after OPEC kept its output target.
The Hindu Business Line  Nov 28  Comment 
Currency daily report for Nov 28, 2014 by Veracity Financial Services




RELATED WIKI ARTICLES
 
TOP CONTRIBUTORS

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

RON

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki