Benzinga  4 hrs ago  Comment 
Ten-year Treasury yields have climbed 10.1 percent over the past month as market participants continue pricing in higher odds of the Federal Reserve boosting interest rates next month. Predictably, the PowerShares DB US Dollar Index Bullish Fund...
Forbes  5 hrs ago  Comment 
Lagarde hints that China is close. If China ever becomes a reserve currency, it will rival the dollar in Asian markets in the years ahead.
The Hindu Business Line  7 hrs ago  Comment 
Fitch Ratings has affirmed Reliance Industries’ long term foreign currency and domestic currency issuer default rating at ‘BBB—’ and ‘BBB’, respectively with stable outlook.“Fitch Ratings h...
The Hindu Business Line  12 hrs ago  Comment 
Currency daily report for Nov 16, 2015 by Veracity Financial Services
The Hindu Business Line  12 hrs ago  Comment 
China’s yuan weakened on Monday despite signs that it is almost certain to be included in the International Monetary Fund (IMF) currency basket, as the dollar gained against major currencies.
Financial Times  Nov 16  Comment 
Japan’s policy shifts leave room for currency to make up ground
Finance Asia  Nov 16  Comment 
IMF chief recommends the currency joins its Special Drawing Rights basket, ahead of executive board meeting, paving the way for its adoption as a global reserve currency.
Finance Asia  Nov 15  Comment 
IMF chief recommends the currency joins its Special Drawing Rights basket, ahead of executive board meeting, paving the way for its adoption as a global reserve 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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