Common currency


 

Home
Site Map
Add Term
Search
About Us
Contributors

Common currency

A currency that is shared by more than one country. Thus the currency of a currency area.



Similar Matches

Currency area

Currency area

A group of countries that share a common currency. Originally defined by Mundell (1961) as a group that have fixed exchange rates among their national currencies.


Currency basket

Currency basket

A group of two or more currencies that may be used as a unit of account, or to which another currency may be pegged.


Currency swap

Currency swap

An agreement to swap a series of specified payment obligations denominated in one currency for a series of specified payment obligations denominated in a different currency.


Currency union

Currency union

A group of countries that agree to peg their exchange rates and to coordinate their monetary policies so as to avoid the need for currency reallignments.


Currency bloc

Currency bloc

1. A group of countries that share a common currency; a currency area. 2. A group of countries that peg their different national currencies to a single currency.


Further Suggestions

Currency devaluation
Currency reserves
Over-valued currency
Foreign currency forward contract
Currency factor
Currency depreciation
Convertible currency
Eurocurrency
Currency crisis
Foreign currency option
Currency overvaluation
Vehicle currency
Reserve currency
Multicurrency loans
Currency board
Currency call option
Currency in circulation
Currency Board
Foreign currency translation
Currency
Comptroller of the Currency
Blocked currency
Currency swap
Currency hedge
Foreign currency mortgage


 
All rights Reserved. Do not copy without permission.