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Clusterstock  5 hrs ago  Comment 
“Dope,” the Sundance Film Festival hit that will open in theaters this Friday, will be the first movie to accept digital currency to pay for tickets. According to The Wrap, beginning Monday, the film’s distributor, Open Road Films, will...
The Hindu Business Line  10 hrs ago  Comment 
The allotment committee of the board of directors of Castex Technologies on Monday allotted 1.999 crore equity shares at ₹103.005 a share upon conversion of foreign currency convertible bon...
The Economic Times  Jun 15  Comment 
Forex dealers attributed the rupee's fall to continued demand for the dollar from importers and euro's weakness against the US currency.
Financial Times  Jun 15  Comment 
US and eurozone are showing unease over the continued strength of the single currency
Financial Times  Jun 15  Comment 
The currency’s rise could be a force for change, writes Eswar Prasad
newratings.com  Jun 15  Comment 
STOCKHOLM (dpa-AFX) - Apparel retailer Hennes & Mauritz AB or H&M (HNNMY.PK, HMRZF.PK, HEN.L) reported that Group's sales, including VAT, increased by 10 percent in local currencies in May 2015 compared to the same month the previous year....
The Hindu Business Line  Jun 15  Comment 
Currency daily report for June 15, 2015 by Veracity Financial Services
MarketWatch  Jun 15  Comment 
The dollar turns lower Monday afternoon as Athens denies a report that the eurozone has developed a contingency plan to impose capital controls on Greek banks this weekend if its negotiators don’t reach a deal with the country’s creditors by...
The Economic Times  Jun 15  Comment 
The local currency had dropped 31 paise last week against the US dollar, thanks to fresh demand from banks and importers.




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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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