RECENT NEWS
Financial Times  Apr 29  Comment 
Treasury warns trio face extra scrutiny and potential retaliation over interventions 
Wall Street Journal  Apr 29  Comment 
The Obama administration delivered a shot across the bow to Asia’s leading exporters and Germany for their economic policies and warned that a number of major economies around the globe could face intense pressure to engage in currency...
SeekingAlpha  Apr 29  Comment 
Forbes  Apr 29  Comment 
The Division is going through a rough patch. Ubisoft's ambitious new shooter/MMO saw a beautifully smooth launch, but the first major content update afterwards has brought with it a slew of problems, from bugs, exploits, nonsensical loot systems,...
Mondo Visione  Apr 29  Comment 
Borsa İstanbul VIOP derivatives contracts was placed among the top 10 in the world, as the most liquid currency and index futures contracts, according to the “WFE/IOMA 2015 Derivatives Market Review” prepared by World Federation of...
The Hindu Business Line  Apr 29  Comment 
HSBC Holdings’ Asian Currency Research head says dollar-rupee exchange is going to be fairly stable
Forbes  Apr 29  Comment 
While many people have heard of the crypto currency called bitcoin, what?s more interesting is the underpinning technology that makes bitcoin work, known as blockchain. Industry analysts are calling blockchain ?revolutionary.?
MarketWatch  Apr 29  Comment 
The dollar tumbled to an 18-month low against the Japanese currency Friday after a widely watched gauge of inflation showed upward price pressures abated last month, removing some pressure for the Federal Reserve to raise interest rates.
Financial Times  Apr 29  Comment 
CANOE.ca  Apr 29  Comment 
Financial Times  Apr 29  Comment 
French uplift helps single currency area beat growth expectations
The Hindu Business Line  Apr 29  Comment 
The rupee was strong at 66.33 in the evening session on sustained selling of the American currency by exporters amid foreign fund inflows. Besides, weakness in the dollar against other currencies o...




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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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