The Hindu Business Line  2 hrs ago  Comment 
Software services firm Zensar Technologies today reported a 25 per cent decline in consolidated net profit at ₹68.8 crore for the July-September quarter, impacted by currency movement. The Pune-headq...
Benzinga  4 hrs ago  Comment 
When investing internationally, even in developed markets, investors are taking on some added risk compared to domestic investments. Obviously, part of that is equity risk, but what some investors continue to overlook are the potentially erosive...  6 hrs ago  Comment 
LONDON (dpa-AFX) - The decline in the sterling acted as a shock absorber for the economy, Bank of England Deputy Governor Ben Broadbent told BBC Radio 5 live. "Having a flexible currency is an extremely important thing especially in...
The Economic Times  9 hrs ago  Comment 
Traders said the selloff in gilts was hurting sentiment towards the currency. The 10-year UK gilt rose to 1.17 per cent, trading near its highest since the June referendum.
Wall Street Journal  10 hrs ago  Comment 
China’s currency policy may be the subject of complaints on the U.S. presidential campaign trail. But the nation is arguably now further from being a currency manipulator than Germany, Japan and Switzerland.
MarketWatch  Oct 17  Comment 
The dollar pulled back on Monday against most of its rivals in the G-10 after logging its strongest weekly advance against the euro in a year on Friday as weak manufacturing data rattled expectations for an interest-rate hike before year’s end.
The Hindu Business Line  Oct 17  Comment 
Currency daily report for Oct 17, 2016 by Veracity Financial Services ...
The Hindu Business Line  Oct 17  Comment 
After a brief recovery, the rupee once again turned shaky and ended 17 paise lower at 66.88 due to frantic demand for dollar from importers and corporates. Extremely bullish dollar sentiment overs...
Clusterstock  Oct 15  Comment 
Albert Edwards has another warning for the financial markets — stop focusing on the pound, and look at China's currency instead. The notoriously bearish Societe Generale strategist, renowned for making big calls on the state of the world, used...
Financial Times  Oct 14  Comment 
Treasury appraisal comes as Donald Trump accuses Beijing of manipulation


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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