RECENT NEWS
MarketWatch  24 min ago  Comment 
The greenback falls back after rising in recent days on short covering after hawkish remarks from Fed officials brightened the outlook for the U.S. central bank to raise rates within this year.
Financial Times  1 hr ago  Comment 
Haven currency’s calm after Brexit vote shows how policymakers are suppressing volatility
The Economic Times  5 hrs ago  Comment 
Bonds slip & stocks end marginally lower as prospects of rapid rate cuts evaporate but currency market players relieved.
MarketWatch  Aug 22  Comment 
Lindsay Lohan is reportedly making big demands for an appearance — including one that might have currency traders scratching their heads.
MarketWatch  Aug 22  Comment 
The public has found the perfect sounding board to vent its policy frustrations
Financial Times  Aug 22  Comment 
Speculators are net short British currency futures by record amount
Financial Times  Aug 22  Comment 
Net short positions on the UK currency keep climbing
MarketWatch  Aug 22  Comment 
The dollar was slightly stronger against the yen, although off its best levels Monday, and the buck more broadly was marginally higher, ahead of a closely watched symposium of Federal Reserve policy makers in Jackson Hole, Wyo., scheduled for Friday.
The Economic Times  Aug 22  Comment 
The local currency on Friday tumbled by 24 paise to close at three-week low of 67.05 against dollar on sustained demand for the US currency from banks.
guardian.co.uk  Aug 22  Comment 
The economist exposes the flaws of the common currency, but his solutions for reform don’t convince It’s two months since Britain’s worst foreign policy blunder of the modern era and it still rankles. The vote to take us out of the European...




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