The Hindu Business Line  2 hrs ago  Comment 
Govt taking steps to incentivise credit, debit card use
Benzinga  5 hrs ago  Comment 
Bitcoin enthusiasts have long been working toward pushing the cryptocurrency into mainstream use to compete with paper money and credit card transactions. However, now that new exchanges for buying and selling the digital currency are...
Benzinga  6 hrs ago  Comment 
Chatter about weather in Vietnam, currency and Brazilian Coffee production is making the rounds. Coffee futures are trading lower Friday. May N.Y. Coffee is trading at 138.40, down 1.85. July Coffee is trading at 141.60, down...
Benzinga  8 hrs ago  Comment 
Financial Times  7 hrs ago  Comment 
Pound falls against single currency as UK election looms
Forbes  8 hrs ago  Comment 
Let me offer you a transformational idea. It has been common currency in social psychology for 40 years, where some consider it to be the foundation of the discipline. In business, it can transform your perception of a situation and dissolve...
Financial Times  11 hrs ago  Comment 
Local factors at work as Chinese data continue to disappoint
The Hindu Business Line  Mar 27  Comment 
Currency daily report for March 27, 2015 by Veracity Financial Services
Financial Times  Mar 26  Comment 
Strong Swiss franc set to ‘damp economic activity’ and spark ‘temporary’ deflation
Forex News  Mar 26  Comment 
The US dollar is attempting to stage a recovery during the Thursday’s trading session. For a change, news from the United States was positive, allowing the currency to regain some of its strength.(...)Read the rest of Dollar Attempts...


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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