RECENT NEWS
Motley Fool  1 hr ago  Comment 
After some initial missteps, bitcoin has seen a remarkable price rebound -- will it ever become a "mainstream" investment?
Clusterstock  3 hrs ago  Comment 
This is something we were really hoping Congress would be smart enough to avoid, but here we are. It sounds as though the idea of labeling China a currency manipulator is picking up steam on both sides of the aisle. Republican Sen. Lindsey...
Yahoo  Feb 21  Comment 
BEIJING/SHANGHAI (Reuters) - Chinese conglomerate Dalian Wanda's proposed $1 billion purchase of Hollywood's Dick Clark Productions Inc is under pressure but is not yet over, sources told Reuters, amid high U.S.-China tensions and tight scrutiny...
MarketWatch  Feb 21  Comment 
The dollar gained against its rival currencies Tuesday, as comments from a Federal Reserve official drove up U.S. Treasury yields and with them, demand for the U.S. currency.
DailyFinance  Feb 20  Comment 
Filed under: News, US, Crime Typos aren't just a headache — they can sometimes have very costly consequences. On Friday, digital currency Zcoin announced that a typographical error had let an unidentified attacker make a profit of around...
Financial Times  Feb 20  Comment 
Isolated regime on a quest to generate hard currency and win friends in region
The Hindu Business Line  Feb 20  Comment 
Housing demand has reportedly crashed across the top eight cities in the fourth quarter of 2016 post demonetisation of Rs 500 and Rs 1,000 currency notes by the Reserve Bank of India. Housing dema...
The Economic Times  Feb 20  Comment 
The head of the Philippine central bank said the peso's weakness was driven by risk-off sentiment and geopolitical concerns, especially in Europe.
MarketWatch  Feb 20  Comment 
A lack of fresh trading cues and a U.S. holiday beset currency trade on Monday. The pound moved up though, as a Brexit debate got underway in the House of Lords.




RELATED WIKI ARTICLES
 
TOP CONTRIBUTORS

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

RON

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki