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Asian Currency Units (ACU) |
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Asian Currency Units (ACU)Dollar deposits held in Singapore or other Asian centers.Asian Currency Units (ACU) Similar MatchesVirtual currency optionVirtual currency optionA new option contract introduced by the PHLX in 1994 that is settled in US dollars rather than in the underlying currency. These options are also called 3-Ds (dollar-denominated delivery). Foreign currency translationForeign currency translationThe process of restating foreign currency accounts of subsidiaries into the reporting currency of the parent company in order to prepare consolidated financial statements. Currency crisisCurrency crisisThe crisis that occurs when particpants in an exchange market come to percieve that an attempt to maintain a pegged exchange rate is about to fail, causing speculation against the peg that hastens the failure and forces a devaluation. Currency depreciationCurrency depreciationA decline in the value of one currency relative to another currency. Depreciation occurs when, because of a change in exchange rates, a unit of one currency buys fewer units of another currency. Currency in circulationCurrency in circulationPaper money, coins, and demand deposits that constitute all the money circulating in the economy. Further SuggestionsNet currency exposureEurocurrency deposit Composite currency Currency in circulation Vehicle currency Currency Reserve currency Comptroller of the Currency Currency speculation Currency basket Reserve currency Blocked currency Soft currency Currency union Currency risk Currency selection currency conversion Foreign currency forward contract Currency call option Currency reserves Currency swap Currency overvaluation Moscow Interbank Currency Exchange (MICEX) Multicurrency clause Currency swings |
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