Currency swings


 

Home
Site Map
Add Term
Search
About Us
Contributors

Currency swings

These 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 swings

Similar Matches

Reporting currency

Reporting currency

The currency in which the parent firm prepares its own financial statements; that is, US dollars for a US company.


Currency in circulation

Currency in circulation

The amount of a country's currency that is in the hands of the public (households, firms, banks, etc), as opposed to sitting in the vaults of the central bank.


Blocked currency

Blocked currency

A currency that is not freely convertible to other currencies due to exchange controls.


Intervention currency

Intervention currency

A currency that is commonly used by central banks for exchange market intervention. See reserve currency.


Artificial currency

Artificial currency

A currency substitute, e.g., special drawing rights (SDRs).


Further Suggestions

Under-valued currency
Composite currency
Vehicle currency
Currency devaluation
currency loan
Foreign currency futures contract
Currency arbitrage
Currency in circulation
Currency overvaluation
Common currency
Currency
Currency diversification
Foreign currency option
Currency crisis
Over-valued currency
Currency board
Currency area
Canonical model of currency crises
Currency speculation
Soft currency
Reserve currency
Currency option
Net currency exposure
Eurocurrency deposit
Asian Currency Units (ACU)


 
All rights Reserved. Do not copy without permission. T4 Innovations Ltd