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Forbes  7 hrs ago  Comment 
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The Hindu Business Line  11 hrs ago  Comment 
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Wall Street Journal  Jan 30  Comment 
Turkey’s central bank verbally intervened to stem the lira’s slide as the currency hit record lows against the dollar, seeking to ease fears that policy makers may prematurely cut interest rates despite a broad emerging-markets selloff.
Yahoo  Jan 30  Comment 
Shares of the company, which also forecast lower-than-expected profit for the first quarter, were down 3 percent at $13.19 on the New York Stock Exchange in early morning trading. The forecast cut reflected a 5 cent per share impact from currency...




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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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