MarketWatch  2 hrs ago  Comment 
The dollar was mixed on Tuesday, ahead of the start of the Federal Reserve’s two-day policy meeting that investors expect will conclude with an increase in interest rates. But much of Tuesday’s action was taking place in the pound-dollar pair.
Financial Times  3 hrs ago  Comment 
Ex-traders to face charges in the US related to probe into rigging of forex market  5 hrs ago  Comment 
Read full story for latest details.
Clusterstock  6 hrs ago  Comment 
Qatar's currency, the riyal, touched a new low against the dollar on Tuesday as the country's diplomatic crisis continued. The riyal hit 3.67 to the dollar, which is the weakest since 1998, the Financial Times reported. Qatar's central bank...
The Economic Times  6 hrs ago  Comment 
The new version will have few different aspects. The one noticeable aspect of the new currency notes is the inclusion of an inset letter "A".
The Economic Times  7 hrs ago  Comment 
The South Korean won declined as much as 0.3 per cent and hit its lowest in nearly four weeks.
The Hindu Business Line  10 hrs ago  Comment 
Currency daily report for June 13, 2017 by Veracity Financial Services ...
The Hindu Business Line  10 hrs ago  Comment 
Staging a smart recovery after Monday’s plunge, the rupee on Tuesday rebounded by 11 paise to close at 64.33 to a dollar on easing retail inflation. However, weak global sentiment amid fears of an...
The Hindu Business Line  Jun 12  Comment 
A series of major central bank meetings may keep the currency market volatile
Channel News Asia  Jun 12  Comment 
LONDON: The European single currency advanced on Monday (Jun 12) after French voters put President Emmanuel Macron's party on course for a crushing parliamentary majority. The British pound meanwhile headed back toward last week's lows that had...


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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