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Financial Times  1 hr ago  Comment 
Postponed rise and haven appeal drive currency up and stock markets down
Financial Times  2 hrs ago  Comment 
Rebooting currency’s recent rebound would mean swimming against a strong technically bearish tide
Wall Street Journal  4 hrs ago  Comment 
What will test Beijing’s resolve to keep the currency on its currently predictable path is the next move by Janet Yellen, who arguably has more influence over Chinese policy right now than her colleagues in Beijing.
MarketWatch  7 hrs ago  Comment 
The dollar edged higher against the euro on Thursday after European Central Bank President Mario Draghi hinted that the ECB could push interest rates further into negative territory.
TechCrunch  Jun 1  Comment 
 Content (in all its forms) is increasingly both the commodity and currency of the digital era, but the speed and ease of near-instantaneous global communication and a capacity for infinite reproduction has served to make it easier to sever the...
Financial Times  Jun 1  Comment 
Guidelines released on rejected ‘last look’ trades comes amid scrutiny by regulators
Mondo Visione  Jun 1  Comment 
The Office of the Comptroller of the Currency (OCC) today released its schedule of Community Reinvestment Act (CRA) evaluations to be conducted in the third quarter of 2016. The OCC encourages public comment on the national banks and federal...
The Economic Times  Jun 1  Comment 
The domestic currency had opened a tad higher at 67.24 from yesterday's closing level of 67.26 at the Interbank Foreign Exchange (Forex) market on bouts of dollar selling.
The Hindu Business Line  Jun 1  Comment 
Series of key events in the coming days can turn the currency volatile
Benzinga  Jun 1  Comment 
Shares of Michael Kors Holdings Ltd (NYSE: KORS) were trading higher by more than 8 percent Wednesday morning after the company reported its fourth quarter results along with an acquisition announcement and an update to its share buyback...




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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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