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Clusterstock  6 hrs ago  Comment 
Just when you thought you had your head around bitcoin, along comes Ethereum. The word has been in a lot of headlines lately — as the cryptocurrency world's new favorite thing soared in value. To be more specific, the price of something called...
The Economic Times  10 hrs ago  Comment 
The circulation of virtual currency has been a cause of concern among central bankers the world over. RBI had cautioned the users of VCs, including bitcoins.
Reuters  Jun 27  Comment 
Net foreign assets at Saudi Arabia's central bank, a measure of its ability to support its currency, look set to fall sharply this year as oil prices slump and Riyadh expands its sovereign wealth fund to invest abroad.
MarketWatch  Jun 27  Comment 
The dollar weakens broadly Tuesday, marking a 10-month low against the euro, which surged as investors weigh what could be a shift away from aggressive eurozone stimulus.
Reuters  Jun 27  Comment 
REUTERS - Most emerging Asian currencies traded within a narrow range on Tuesday as investors waited to see if Federal Reserve Chair Janet Yellen would stick to her positive economic outlook at an event later in the day.
The Hindu Business Line  Jun 27  Comment 
Currency daily report for June 27, 2017 by Veracity Financial Services ...
The Hindu Business Line  Jun 27  Comment 
The rupee gave back most of its initial gains in tandem with local equities and settled almost flat at 64.53 against the US currency following fag-end dollar demand from importers and banks. An early...
The Hindu Business Line  Jun 26  Comment 
The near-term view will remain negative as long as the currency remains below 64.4




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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 or floating rate 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 a floating rate regime, supply and demand dictates the currency's exchange rate.

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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