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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 riskCurrency riskUncertainty about the future value of a currency. Currency futureCurrency futureA financial future contract for the delivery of a specified foreign currency. Over-valued currencyOver-valued currencyThe situation of a currency whose value on the exchange market is higher than is believed to be sustainable. This may be due to a pegged or managed rate that is above the market-clearing rate, or, under a floating rate, it may be due to speculative capital inflows. Contrasts with under-valued currency. Currency risk sharingCurrency risk sharingAn agreement by the parties to a transaction to share the currency risk associated with the transaction. The arrangement involves a customized hedge contract embedded in the underlying transaction. CurrencyCurrencyMoney. Further SuggestionsCurrency speculationReserve currency Optimal currency area Common currency Reporting currency Currency risk currency loan Multicurrency clause Currency board Currency hedge Foreign currency mortgage European Currency Unit (ECU) Currency put option hard currency Vehicle currency Currency Board Currency devaluation Currency selection Currency no longer issued Currency union Eurocurrency Currency swap currency conversion Hard currency Currency futures contract |
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