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MarketWatch  34 min ago  Comment 
The Chinese renminbi is set to get the seal of approval from the International Monetary Fund,, writes David Marsh.
DailyFinance  11 hrs ago  Comment 
Celery Launches Transparency Page to Provide Customers With Added InsightSUISUN CITY, CA -- (Marketwired) -- 09/29/14 -- WPCS International Incorporated (NASDAQ: WPCS) (the "Company"), which specializes in contracting services for communications...
Insurance Journal  11 hrs ago  Comment 
Talanx AG, Germany’s third-biggest insurer, plans to shift investment to countries outside the euro region as monetary policy measures erode returns on assets in the currency union. “Generally speaking, investing has become more complex and...
SeekingAlpha  11 hrs ago  Comment 
By Lars Christensen: The news from the global currency markets this morning: New Zealand's dollar was set for its biggest three-day drop since 2011 after the Reserve Bank said its sales of the currency in August were the most in seven years....
The Hindu Business Line  Sep 29  Comment 
Currency midday update for Sept 29, 2014 by Mecklai Financial ...
Wall Street Journal  Sep 29  Comment 
The New Zealand dollar touched its lowest level against the U.S. dollar in more than a year after data showed the country's central bank sold large amounts of the currency in August.
Yahoo  Sep 29  Comment 
The dollar hit its highest in almost two years against the euro, with German inflation data expected to keep pressure on the ECB to ease monetary policy. Unrest in Hong Kong hurt Asian-exposed European shares.
Japan Today  Sep 28  Comment 
Japan's legions of retail foreign-exchange traders, popularly known as Mrs Watanabe, are turning into sellers of yen. They have shifted from playing the dollar's range against the yen to betting against the Japanese currency after it slumped to...




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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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