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MarketWatch  38 min ago  Comment 
The pound moves sharply higher after the latest Brexit polls indicate support for the U.K. staying in the EU has regained some lost ground ahead of Thursday’s key referendum.
The Hindu Business Line  3 hrs ago  Comment 
Currency daily report for June 20, 2016 by Veracity Financial Services ...
The Economic Times  5 hrs ago  Comment 
A host of currency experts ETMarkets.com talked to believe the domestic currency is in for some pressure in the near future.
BBC News  10 hrs ago  Comment 
As Nigeria allows its currency to trade freely in a move to tackle the financial crisis, financial blogger Feyi Fawehinmi looks at how it will affect people's lives.
The Times of India  12 hrs ago  Comment 
The government is confident that there is unlikely to be any sharp volatility in the exchange rate in the medium term and that it will manage the situation arising out of the redemption of foreign currency non-resident (FCNR) deposits raised by...
The Economic Times  Jun 18  Comment 
The yen surged to the strongest in almost two years against the dollar this week as investors sought refuge before the June 23 British referendum.
Wall Street Journal  Jun 17  Comment 
Operators of a new investment fund based on a digital currency called Ethereum said they had suffered a catastrophic hack.
The Hindu Business Line  Jun 17  Comment 
Even if economies appear to be off manipulation, don’t be fooled. This is only a temporary ceasefire
New York Times  Jun 17  Comment 
The project, known as the Decentralized Autonomous Organization, is raising broader questions about the security and viability of virtual currencies like Ether and Bitcoin.
MarketWatch  Jun 17  Comment 
The British pound logs its first weekly gain in three weeks, as worries that the U.K. might leave the European Union in next week’s referendum ease a bit after both sides temporarily suspend their campaigns following the murder of a British...




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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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