Financial Times  2 hrs ago  Comment 
Critics accuse fund of bending rules to accommodate Beijing
BBC News  6 hrs ago  Comment 
The International Monetary Fund is expected to announce on Monday that China's currency, the yuan, will join the fund's select group of international reserve currencies.
Forbes  Nov 28  Comment 
The cryptocurrency exchange behind the recently launched OBITS currency initiative, CCEDK, is increasing the future payouts derived from profits and fees generated through user registrations on OpenLedger and other associated revenues - including...
The Hindu Business Line  Nov 28  Comment 
Many investors diversify into gold to reduce currency risk, but US equities may be a better option
The Hindu Business Line  Nov 28  Comment 
With the Fed set to hike rate, currency and commodity markets are again turning volatile
Forbes  Nov 28  Comment 
Companies that have the luxury to choose at what time they transfer money into another currency are at a significant advantage in terms of driving down costs.
Mondo Visione  Nov 27  Comment 
The International Swaps and Derivatives Association, Inc. (ISDA) and the International Islamic Financial Market (IIFM) yesterday announced publication of a new Islamic hedging product standard, the ISDA/IIFM Himaayah Min Taqallub As‘aar...
Forbes  Nov 27  Comment 
Love 'em or hate 'em, Americans buy what Kim Kardashian and Kanye West are selling—magazines, music, derrière selfies, fashions, arrogance, reality TV shows—even rambling award show speeches about running for president. Now “Kimye” wants...
Financial Times  Nov 27  Comment 
The currency is not to blame for lower UK earnings, commodity prices are
The Hindu Business Line  Nov 27  Comment 
Currency daily report for November 27, 2015 by Veracity Financial Services


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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