RECENT NEWS
Benzinga  2 hrs ago  Comment 
The British pound posted its best single-day performance in nearly a decade on Tuesday after Prime Minister Theresa May eased some Brexit-related concerns in a speech. Heading into Tuesday's speech, the British pound was trading below $1.20 and...
MarketWatch  2 hrs ago  Comment 
Americans who invest overseas risk seeing their hard-earned returns erode due to currency fluctuations over the short term.
The Hindu Business Line  3 hrs ago  Comment 
This could lead to non-detection of fake notes, accounting errors
Forex News  4 hrs ago  Comment 
The Brazilian real fell against the US dollar today, but Brazil’s officials were not concerned by the dollar’s strength, thinking that there are plenty supportive fundamentals for the Brazilian currency. Finance Minister Henrique...
The Economic Times  5 hrs ago  Comment 
Total currency in circulation, which as a major component of reserve money or base money printed by Reserve Bank of India, amounted to Rs 9.5 lakh crore as on January 13, up Rs 52,790 crore during the week.
Euromoney  6 hrs ago  Comment 
On a day many expected would see the pound sink to new depths, the currency instead responded to news that the UK would be leaving the single market by posting its best performance since the referendum – but whether the day marked a turning...
Benzinga  6 hrs ago  Comment 
In a recent interview with the Wall Street Journal, President-elect Donald Trump once again made reference to China’s negative impact on U.S. business due to its currency “dropping like a rock.” “Our companies can’t compete with them...
The Economic Times  6 hrs ago  Comment 
Revenues for the quarter stood at Rs 830.6 cr, a year-on-year growth of 2.1% on a comparable constant currency basis.
The Economic Times  Jan 18  Comment 
The local currency on Tuesday closed 15 paise up at 67.95 on hopes for a speedy rollout of GST. However, outflow of foreign funds from selling in equities by the institutional investors capped gains in the currency.
The Hindu Business Line  Jan 18  Comment 
Yahoo  Jan 18  Comment 
Stock markets steadied and the dollar recovered some ground on Wednesday after unease over how U.S. policy will develop under Donald Trump's presidency drove the currency to its weakest since early December. Traders in Asia said shares were helped...
Wall Street Journal  2 hrs ago  Comment 
The Hindu Business Line  Jan 18  Comment 




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A currency is a unit of exchange that can be used to purchase goods and/or services. 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 with respect to other currencies in the foreign exchange market, the currency can be either fixed or floating.

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