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Currency bloc |
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Currency bloc1. 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.Similar MatchesCurrency unionCurrency unionA 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 in circulationCurrency in circulationPaper money, coins, and demand deposits that constitute all the money circulating in the economy. Base currencyBase currencyApplies mainly to international equities. Currency in which gains or losses from operating an international portfolio are measured. Eurocurrency marketEurocurrency marketThe money market for borrowing and lending currencies that are held in the form of deposits in banks located outside the countries where the currencies are issued as legal tender. CurrencyCurrencyMoney. Further SuggestionsCurrency Exchange Riskcurrency conversion Currency reserves Currency basket Currency Board Currency swings Currency option Currency call option Multicurrency clause Canonical model of currency crises Foreign currency option Currency speculation Currency basket Asian Currency Units (ACU) Currency swap Currency crisis Composite currency Currency diversification Currency hedge Currency depreciation Artificial currency Foreign currency futures contract Virtual currency option Vehicle currency Currency in circulation |
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