Financial Times  2 hrs ago  Comment 
Study runs counter to World Bank and FT findings  4 hrs ago  Comment 
A future without money would mean a surveillance state where every transaction is tracked by banks and the state, apart from those using cryptocurrencies like Bitcoin If you type “money” into a Google image search, you get pictures of metal...
The Economist  6 hrs ago  Comment 
THE term "currency wars" has sparked a vigorous debate within the economics commentariat. The term was coined by Brazil's then finance minister, Guido Mantega, in 2010 when the real was moving sharply higher, a nice irony given the real's recent...
Reuters  6 hrs ago  Comment 
Ukrainian state-run energy firm Naftogaz posted on Wednesday a first-half net loss of 4.5 billion hryvnia ($214 million) partly due to a sharp depreciation of the national hryvnia currency.
Forbes  7 hrs ago  Comment 
With a history riddled with hacker attacks and heists, it's amazing that Bitcoin still has sex appeal. This article is a word of caution to those who stand by this free-floating and unregulated currency. Can Bitcoin really stand the test of time?
The Economic Times  8 hrs ago  Comment 
The firm highlighted factors such as adverse currency impact and skewness in revenue growth among factors that are likely to affect its results.
The Hindu Business Line  8 hrs ago  Comment 
Indonesia's central bank unveiled on Wednesday a set of measures intended to stabilise the country's beleaguered currency, which tumbled to its lowest levels since 1998 in the third quarter. ...
The Economic Times  Sep 30  Comment 
Asian currencies from the South Korean won to Malaysian ringgit picked up against the dollar Wednesday with confidence returning to trading floors.
MarketWatch  Sep 30  Comment 
The dollar edges higher after payroll processor ADP estimates a gain of 200,000 jobs for the U.S. private sector in September.


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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