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Forbes  May 28  Comment 
Presumptive Republican presidential nominee Donald Trump talks tough, particularly when it comes to China . He has already blasted China for being a currency manipulator, which they are. It’s no secret that China artificially drives down its...
Financial Times  May 27  Comment 
Sensible use of fiscal policy could ultimately help the US currency
newratings.com  May 27  Comment 
ANKARA (dpa-AFX) - Turkey's international reserves increased in April from a month ago, data from the Turkish Central Bank showed Friday. Official foreign reserves fell by 1.3 percent to $116.0 billion in April from $114.59 billion in the...
MarketWatch  May 27  Comment 
The Group of Seven leading industrialized nations meeting in Japan push back against “beggar-thy-neighbor strategies” that leave everybody worse off and note that noted “monetary policy alone cannot lead to strong, sustainable and balanced...
The Hindu Business Line  May 27  Comment 
Currency daily report for May 27, 2016 by Veracity Financial Services ...
MarketWatch  May 27  Comment 
The dollar rose sharply Friday, reaching a two-month high against its major rivals, after Federal Reserve Chairwoman Janet Yellen said an interest-rate increase may be coming in a matter of “months,” if the economy continues to improve.
Benzinga  May 26  Comment 
Approximately 90 new exchange-traded funds have come to market this year, but as is usually the case with rookie ETFs, most are not yet attracting much attention or assets from investors. Two Top-Performing New ETFs One of the exceptions,...
The Hindu Business Line  May 26  Comment 
Why gender stereotypes gained currency in the apparel industry and why it’s risky business to continue the tradition
Mondo Visione  May 26  Comment 
MEPs aim to prevent virtual currencies like Bitcoin from being used for money laundering and terrorism©AP Images/ European Union-EP The EU Commission should set up a taskforce to monitor virtual currencies, like Bitcoin, to prevent...
Reuters  May 26  Comment 
The first global code of conduct for currency trading has banned dealers from lying and starting false rumors as part of new guidelines aimed at rebuilding trust in a foreign exchange market plagued by scandals and accusations of manipulation.




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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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