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Foreign currency futures contract |
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Foreign currency futures contractStandardized and easily transferable obligation between two parties to exchange currencies at a specified rate during a specified delivery month; standardized contract on specified underlying currencies, in multiples of standard amounts. Purchased and traded on a regulated exchange on which margins are posted.Foreign currency futures contract Similar MatchesCurrency blocCurrency 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. Canonical model of currency crisesCanonical model of currency crisesThis term has been used to refer to the model that Krugman (1979) presented of a currency crisis that results when domestic policy is pursued in a manner inconsistent with a pegged exchange rate. Under-valued currencyUnder-valued currencyThe situation of a currency whose value on the exchange market is lower than is believed to be sustainable. This may be due to a pegged or managed rate that is below the market-clearing rate, or, under a floating rate, it may be due to speculative capital outflows. Contrasts with over-valued currency. Currency boardCurrency boardAn extreme form of pegged exchange rate in which management of both the exchange rate and the money supply are taken away from the central bank and given to an agency with instructions to back every unit of circulating domestic currency with a specified amount of foreign currency. Operates similar to the gold standard. 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. Further SuggestionsCurrency overvaluationForeign currency option Strong Currency Optimal currency area Currency hedge Currency swings Currency diversification Currency future Currency Exchange Risk Currency no longer issued Currency devaluation Blocked currency Currency reallignment Reporting currency currency conversion Vehicle currency Over-valued currency Currency swap Currency reserves Currency crisis Currency revaluation Currency in circulation Currency swap Currency depreciation Asian Currency Units (ACU) |
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