RECENT NEWS
MarketWatch  Feb 17  Comment 
The dollar moves higher against most rivals on Friday, especially the pound, but saw a pullback against the Japanese yen.
The Hindu Business Line  Feb 17  Comment 
Normalcy has been restored in a short period, says Finance Minister
The Economic Times  Feb 17  Comment 
The finance minister has said that the remonetisation situation with regard to replenishing the scrapped currency is "almost normal" now.
newratings.com  Feb 16  Comment 
WASHINGTON (dpa-AFX) - Flowserve Corp. (FLS), a provider of flow control products and services for the global infrastructure markets, reported fourth-quarter adjusted EPS of $0.72 excluding the adjusted items but including the negative currency...
The Economic Times  Feb 16  Comment 
Supply of currency has risen to about 80-85% of pre-demonetisation levels but the fear of not having enough hard cash in hand is driving people to stock up.
newratings.com  Feb 16  Comment 
WASHINGTON (dpa-AFX) - The dollar is losing ground against all of its major rivals Thursday afternoon, despite the release of some more positive economic data. The weakness in the U.S. currency seems to be due to political concerns, as investors...
Financial Times  Feb 16  Comment 
A strong renminbi helps keep Washington sweet and capital in China
Clusterstock  Feb 16  Comment 
The Russian ruble has had a good start to 2017. The currency has climbed by nearly 6% against the US dollar since the start of the year, and has been the best performing emerging market currency in February. It is down by 0.6% at 57.5953 per...
The Hindu Business Line  Feb 16  Comment 
Click for Statistalk PDF ...
The Hindu Business Line  Feb 16  Comment 
The rupee was trading weak by 67.05 due to sustained demand for the American currency from importers and banks. Dealers attributed the rupee’s fall to sustained demand for the US currency from imp...




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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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