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Currency union |
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Currency 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.Similar MatchesReserve currencyReserve currencyA foreign currency held by a central bank or monetary authority for the purposes of exchange intervention and the settlement of intergovernmental claims. 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. Currency futureCurrency futureA financial future contract for the delivery of a specified foreign currency. Currency put optionCurrency put optionContract that gives the holder the right to sell a particular currency at a specified price (exchange rate) within a specified period of time. CurrencyCurrency1. The money used by a country; e.g., the national currency of Japan is the yen. 2. The physical embodiment of money, in the forms of paper bills or notes, and metal coins. Further SuggestionsForeign currency futures contractEurocurrency market currency conversion Currency board Currency factor Canonical model of currency crises eurocurrency Convertible currency Comptroller of the Currency Currency reserves Foreign currency mortgage Moscow Interbank Currency Exchange (MICEX) Currency swings Currency overvaluation Currency risk sharing Strong Currency Multicurrency loans Currency no longer issued European Currency Unit (ECU) Eurocurrency Foreign currency forward contract Asian Currency Units (ACU) Base currency Currency arbitrage Net currency exposure |
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