RECENT NEWS  17 min ago  Comment 
Currencies are crashing across the globe.
MarketWatch  31 min ago  Comment 
The dollar regains some ground lost in the previous session against its major rivals Wednesday, on the back of economic data that painted a positive picture of the U.S. economy.  3 hrs ago  Comment 
LONDON (dpa-AFX) - Tupperware Brands Corp. (TUP) said that it is tracking towards the high-end of 4% to 6% growth in local currency sales outlook range for the third quarter. The company said it has seen the expected trend improvement in...
The Economic Times  4 hrs ago  Comment 
In the first phase, the features will be included in high denomination notes of Rs 500 and Rs 1000, which are much in demand by counterfeiting gangs as also Pak's ISI, sources said.
Wall Street Journal  11 hrs ago  Comment 
Lego said its 31% jump in first-half profit and 23% rise in revenue was fueled by strong sales of its Ninjago and Elves sets, but also by the weakness of the Danish krone and the euro.
The Hindu Business Line  11 hrs ago  Comment 
Currency daily report for Sept 2, 2015 by Veracity Financial Services
The Australian  Sep 2  Comment 
Ansell is to change the way it pays executives, who it says are being short-changed by currency movements.
Financial Times  Sep 2  Comment 
Share held in domestic currency rises from 50% to 75% in 15 years, says Moody’s
The Economic Times  Sep 1  Comment 
"The associated decline of currency mismatches reduces the vulnerability of these countries to economic shocks and increases the effectiveness of monetary and fiscal policy."


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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