Common currencyA currency that is shared by more than one country. Thus the currency of a currency area.
Foreign currency forward contractForeign currency forward contract
Agreement that obligates its parties to exchange given quantities of currencies at a prespecified exchange rate on a certain future date.
Currency areaCurrency 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.
Under-valued currencyUnder-valued currency
The situation of a currency whose value on the exchange market is lower than is believed to be sustainable. This may be due to a pegged or managed rate that is below the market-clearing rate, or, under a floating rate, it may be due to speculative capital outflows. Contrasts with over-valued currency.
Comptroller of the CurrencyComptroller of the Currency
A government official, appointed by the president, who keeps control over all national banks, and receives reports from the banks at least quarterly, to be published in newspapers.
Hard currencyHard currency
A freely convertible currency that is not expected to depreciate in value in the foreseeable future.
Further SuggestionsMulticurrency loans
Net currency exposure
Foreign currency translation
Moscow Interbank Currency Exchange (MICEX)
Optimal currency area
Currency in circulation
Currency risk sharing
Foreign currency mortgage