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The Hindu Business Line  1 hr ago  Comment 
Sterling rose to its strongest in two months against the dollar on Monday, extending one of the currency world's best performances over the past month as it rode out volatility around Italy's constit...
The Hindu Business Line  4 hrs ago  Comment 
Currency shortage leads to fewer new business intakes
MarketWatch  4 hrs ago  Comment 
The common currency dipped to $1.0505 in early morning Asia session, its lowest level since March 16 last year after voters apparently rejected a plan backed by Italian Prime Minister Matteo Renzi that would have overhauled Italy’s legislature...
Financial Times  6 hrs ago  Comment 
Sector stocks bounce from early losses triggered by No vote on Renzi reforms
Wall Street Journal  7 hrs ago  Comment 
Currency factors helped spur outflows from funds specializing in Japanese stocks over the past year, but some experts see a turnaround in the works.
TechCrunch  Dec 4  Comment 
Giving kids a new way to get the things they want, with greater parental oversight, VeeCee is a hack created by a four-person team from London’s Barking Dagenham suburbs. The group’s pitch was handled by 12-year-old, Ebenezer Odubanjo —...
The Hindu Business Line  Dec 4  Comment 
Includes Rs 85 lakh in new currency notes; eight arrested, two firearms seized
The Economic Times  Dec 4  Comment 
This will be the first monetary policy review after demonetisation of old Rs 500 and Rs 1,000 currency notes following which banks witnessed surge in deposits.
Clusterstock  Dec 3  Comment 
The rise of 26-year old Charlie Shrem was swift. So was his fall.   The self-professed computer geek turned divisive digital currency entrepreneur won notoriety as the founder of BitInstant. The firm took off, attracting investors like the...
guardian.co.uk  Dec 3  Comment 
Rainbow cafe in Cambridge under fire for taking stand over new polymer currency manufactured using tallow A vegetarian restaurant owner’s decision not to accept the new £5 note because it contains traces of meat byproducts has come under fire...




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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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