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Currency crisis |
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Currency crisisThe 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.Similar MatchesVehicle currencyVehicle currencyThe currency used to invoice an international trade transaction, especially when it is not the national currency of either the importer or the exporter. Currency diversificationCurrency diversificationUsing more than one currency as an investing or financing strategy. Exposure to a diversified currency portfolio typically entails less exchange rate risk than if all the portfolio exposure were in a single foreign currency. EurocurrencyEurocurrencySee Eurodollar. Currency swapCurrency swapSee swap. Currency basketCurrency basketA group of two or more currencies that may be used as a unit of account, or to which another currency may be pegged. Further SuggestionsForeign currency translationBase currency Currency Currency overvaluation Reporting currency Under-valued currency Currency in circulation Common currency Currency call option Currency bloc Currency in circulation Currency basket hard currency Currency reallignment Moscow Interbank Currency Exchange (MICEX) Currency depreciation Currency hedge Eurocurrency deposit European Currency Unit (ECU) Currency futures contract Convertible currency Currency option Foreign currency mortgage Foreign currency futures contract Virtual currency option |
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