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The Hindu Business Line  1 hr ago  Comment 
Crude oil extended losses in Asia today as a stronger US currency discouraged buying in the dollar-priced commodity and concerns over the geopolitical fallout from the downing of flight MH17 in Uk...
Wall Street Journal  2 hrs ago  Comment 
Some of the highest-yielding bonds in emerging markets, debt denominated in local currencies, are rallying despite rising jitters over these fast-growing countries.
The Economic Times  2 hrs ago  Comment 
Yuan rose to a two-week high in spite of a weaker midpoint, as the outlook on the currency has gradually improved on a recovering economy and hopes of further stimulus.
Clusterstock  9 hrs ago  Comment 
Scotland will vote in a referendum on whether it will become independent from Britain on September 18, and it's becoming increasingly clear that if by some miracle the Scots do choose independence, then the new nation of Scotland will be in...
Resource Investor  10 hrs ago  Comment 
It will be impossible for the currency to really take off until security solutions are worked out to fraud and theft problems.
The Hindu Business Line  Jul 22  Comment 
Amid a flat trading session, the rupee edged up 5 paise to close at 60.25 against the dollar as banks sold the American currency on behalf of foreign investors. It closed on Monday at 60.30. ...
The Economic Times  Jul 22  Comment 
Sterling edged towards a two-year high against euro as hedge funds & speculators sold single currency against dollar & pound, betting euro zone monetary policy would stay loose.
newratings.com  Jul 22  Comment 
BIEL (dpa-AFX) - Swiss watch and jewelry maker Swatch Group (SWGAF.PK, SWGNF.PK) recorded a 8.8% decline in first-half 2014 operating profit to 830 million Swiss francs, from 910 million francs last year, hurt by the negative currency situation,...
Mondo Visione  Jul 22  Comment 
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, has won a competitive process to provide currency benchmarks for three of Africa’s most vibrant and dynamic economies – Kenya, Ghana and...
Bloomberg  Jul 22  Comment 
Liberia’s dollar, Africa’s second- worst performing currency, will weaken a further 7.5 percent by year-end as the withdrawal of United Nations troops and sliding exports cut inflows, according to Ecobank Transnational Plc.




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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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