RECENT NEWS
Mondo Visione  2 hrs ago  Comment 
Comptroller of the Currency Thomas J. Curry today discussed re-evaluation of risks associated with foreign correspondent banking. His remarks came during an appearance at the 15th Annual Anti-Money Laundering and Financial Crime...
Financial Times  4 hrs ago  Comment 
Currency’s low level will force central bank to confront limitations of monetary easing
The Hindu Business Line  4 hrs ago  Comment 
The currency has room to move higher and test 66 in the short-term
Clusterstock  7 hrs ago  Comment 
The underground economy in prison is way more sophisticated than you might think. Inmates aren't allowed to carry cash. W hat they earn from prison jobs goes into commissary accounts, which allows prisoners to buy better food and other...
Forex News  10 hrs ago  Comment 
The New Zealand dollar dipped today against its major trading peers even though there were no apparent reasons for such poor performance of the currency. Yesterday, commodity currencies were supported by the outcome of the US presidential...
The Hindu Business Line  Sep 28  Comment 
Currency daily report for Sept 28, 2016 by Veracity Financial Services ...
newratings.com  Sep 27  Comment 
WASHINGTON (dpa-AFX) - The dollar is turning in a mixed performance against its major rivals Tuesday afternoon and is little changed overall. Last night's highly anticipated presidential debate between Hillary Clinton and Donald Trump has had...
The Times of India  Sep 27  Comment 
Rising for the fourth consecutive session, the rupee on Tuesday ended at a fresh two-week high of 66.50 on sustained selling of the US currency by exporters and banks despite higher greenback overseas.
MarketWatch  Sep 27  Comment 
The dollar slumps against the Mexican peso and a host of other emerging-market currencies on Tuesday as Democratic presidential nominee Hillary Clinton enjoyed a bump in the polls following Monday’s nights’ presidential debate with Republican...
The Hindu Business Line  Sep 27  Comment 
Currency daily report for Sept 27, 2016 by Veracity Financial Services ...




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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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