Currency swingsThese affect foreign currency mortgages. In pound sterling terms, the value of the capital outstanding on your mortgage can rise or fall dramatically if there is movement in the value of either the currency of the loan or UK pounds sterling. If the value of the pound increases, you should benefit from lower repayments, as the value of the foreign currency you have borrowed decreases. Less sterling is required to buy the same amount of foreign currency necessary to meet the repayments and vice versa.
Currency hedgeCurrency hedge
Applies mainly to international equities. Hedging technique to guard against foreign exchange fluctuations (i.e., short Euro l00 mm when holding a long position of Euro l00 mm in stocks).
Cash, cheques etc. which circulate in an economy as an accepted means of exchange.
Currency basketCurrency 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.
Soft currencySoft currency
A money of a country that is expected to drop in value relative to other currencies.
Currency depreciationCurrency depreciation
Further SuggestionsCommon currency
Foreign currency futures contract
Foreign currency mortgage
Net currency exposure
Foreign currency forward contract
Currency risk sharing
Foreign currency translation
Currency put option
Comptroller of the Currency
Currency call option
Currency no longer issued
Currency Exchange Risk