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 Matches

Virtual currency option

Virtual currency option

A 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 translation

Foreign currency translation

The process of restating foreign currency accounts of subsidiaries into the reporting currency of the parent company in order to prepare consolidated financial statements.


Currency crisis

Currency crisis

The 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 depreciation

Currency depreciation

A 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 circulation

Currency in circulation

Paper money, coins, and demand deposits that constitute all the money circulating in the economy.


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currency conversion
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Moscow Interbank Currency Exchange (MICEX)
Multicurrency clause
Currency swings


 
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