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Clusterstock  7 hrs ago  Comment 
Jim Rogers is nothing if not a contrarian, and one of his boldest moves is trying to bet on North Korea.  The famous investor, who cofounded legendary hedge fund Quantum with George Soros, spoke to  Real Vision TV and said North Korea is...
Clusterstock  Aug 26  Comment 
The US dollar could hit bubble levels as investors seek safe havens, according to legendary investor Jim Rogers. "The dollar is going to get overpriced," Rogers said in an interview with Real Vision TV released Friday, "and the dollar might even...
NPR  Aug 26  Comment 
Ramen will buy anything from smuggled fruit to laundry services from fellow inmates, a study at one prison finds. It's not just that ramen is tasty: Prisoners say they're not getting enough food.
MarketWatch  Aug 26  Comment 
Carnegie Mellon University professor Marvin Goodfriend thinks negative rates is the best policy for the Federal Reserve in an era of low interest rates but we need a sea-change in our understanding of paper currency to make it work
MarketWatch  Aug 26  Comment 
The dollar pivoted higher Friday after Federal Reserve Vice Chairman Stanley Fischer said the central bank could possibly raise interest rates twice before the end of 2016, depending on the strength of economic data released in the coming months.
The Economic Times  Aug 26  Comment 
Infosys had cut its FY17 guidance in July to 10.5-12% in constant currency terms from the 11.5-13.5% it had projected at the end of the last financial year.
The Hindu Business Line  Aug 26  Comment 
Currency daily report for Aug 26, 2016 by Veracity Financial Services ...
Financial Times  Aug 25  Comment 
Currency stronger on current account surplus, lower political risk, good economic data and dollar weakness




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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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